Interest Rates

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Diane Swonk, chief economist and managing director at KPMG LLP, during a panel on the outlook of the US election during the National Association of Business Economics (NABE) economic policy conference in Washington, DC, US, on Wednesday, Feb. 14, 2024. The theme of this year's annual meeting is "Navigating Geopolitical Turbulence and Domestic Uncertainty." Photographer: Graeme Sloan/Bloomberg via Getty Images
Finance

Lower mortgage rates aren’t igniting the housing market. There are 2 key reasons why, top economist says

By
September 16, 2024
A television station broadcasts US Federal Reserve Chair Chair Jerome Powell speaking in Jackson Hole, Wyoming, on the floor of the New York Stock Exchange (NYSE) in New York on August 23, 2024.
Finance

Bond traders haven’t been this torn on a Fed call since 2007

By Ye Xie, Ruth Carson, David Finnerty and Bloomberg
September 16, 2024
Mortgage rates sink closer to pivotal magic number 
Finance

Mortgage rates sink closer to pivotal magic number 

By
September 13, 2024
Christine Lagarde admits predecessor Mario Draghi’s verdict on EU’s falling competitiveness is ‘severe’ but ‘just,’ as ECB cuts rates a second time
Finance

Christine Lagarde admits predecessor Mario Draghi’s verdict on EU’s falling competitiveness is ‘severe’ but ‘just,’ as ECB cuts rates a second time

By
September 12, 2024
Pedestrians walk past a bus shelter
Finance

U.S. debt is so massive, interest costs alone are now $3 billion a day

By
September 7, 2024
Florida and Texas boomtowns are awash in a glut of condos 
Finance

Florida and Texas boomtowns are awash in a glut of condos 

By
September 5, 2024
Apartment buildings
Finance

$1.5 trillion of commercial real estate debt is due next year, and refinancing won’t be easy

By Neil Callanan, Scott Carpenter and Bloomberg
September 1, 2024
Mortgage rates sink to 15-month low—a glimmer of hope for homebuyers
Personal Finance

Mortgage rates sink to 15-month low—a glimmer of hope for homebuyers

By Alex Veiga and The Associated Press
August 29, 2024
U.S. homes aren’t just more expensive. They’re also getting smaller
Finance

U.S. homes aren’t just more expensive. They’re also getting smaller

By
August 28, 2024
A man and a woman holding moving boxes stand in an empty room
Finance

Mortgage rates verge on pivotal magic number 

By
August 23, 2024
Trader
Finance

Fed chair’s ‘unmistakably dovish’ tone gives investors hope for a mega rate cut next month

By
August 23, 2024
Federal Reserve Chairman Jerome Powell
Finance

Jerome Powell signals ‘the time has come’ to cut U.S. interest rates

By Christopher Rugaber and The Associated Press
August 23, 2024
Federal Reserve Chair Jerome Powell
Finance

Fundstrat’s Tom Lee says Jerome Powell is too dependent on data and it’s hurting the Fed’s decision-making abilities

By
August 22, 2024
Fed Chair Jerome Powell can’t keep ignoring the climate elephant—or its impact on inflation—at Jackson Hole
Commentary

Fed Chair Jerome Powell can’t keep ignoring the climate elephant—or its impact on inflation—at Jackson Hole

By Sarah Bloom Raskin and Kristina Karlsson
August 22, 2024
Ken Leech
Finance

Star fund manager takes leave amid accusations of cherry picking

By Silla Brush and Bloomberg
August 21, 2024

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