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Financial Market News
You are at:Home»Posts Tagged "rates" (Page 7)

Fed holds rates steady and notes progress on inflation

By FinMar NewsAugust 1, 2024

WASHINGTON – Federal Reserve officials on Wednesday held short-term interest rates steady but indicated that inflation is getting closer to its target, which could open the…

Bitcoin trader sees 2 months to all-time high as China cuts key rates

By FinMar NewsJuly 22, 2024

Bitcoin aimed for $68,000 at the July 22 Wall Street open as a Chinese interest rate cut added to bullish crypto catalysts.BTC/USD 1-hour chart. Source: TradingViewChina enacts…

Mortgage rates and demand suggests a slow summer housing market

By FinMar NewsJuly 6, 2024

An aerial view shows a subdivision that has replaced the once rural landscape on July 19, 2023 in Hawthorn Woods, Illinois.Scott Olson | Getty ImagesAfter a…

High rates bite; bad bank loans surge

By FinMar NewsJuly 5, 2024

Bad debts held by banks rose to their highest level in almost two years in May as high interest rates continued to make debt payments more…

China’s yuan, central bank performing well under stress, but US Fed rates

By FinMar NewsJuly 4, 2024

Prolonged high interest rates in the United States could introduce uncertainty to the monetary policy outlook of emerging economies, the world’s “bank for central banks” said,…

Housing affordability deteriorates as prices, mortgage rates stay high

By FinMar NewsJune 26, 2024

Home prices set another record in April, even as mortgage rates rose and the supply of homes for sale increased. Usually, under those circumstances, prices would…

Mortgage demand flattens even as interest rates hit the lowest level since

By FinMar NewsJune 20, 2024

File photos: “For Sale” signBrandon Bell | Getty ImagesConsumers seemed unimpressed by the latest drop in mortgage rates. Total mortgage application volume rose just 0.9% compared…

Fitch pushes back China rate cut as Fed holds interest rates steady

By FinMar NewsJune 20, 2024

People walk past the headquarters of the People’s Bank of China (PBOC), the central bank, in Beijing, China September 28, 2018. Jason Lee | ReutersBEIJING — Ratings…

Cutting interest rates was easy. But the Bank of Canada still has a

By FinMar NewsJune 6, 2024

Bank of Canada governor Tiff Macklem says the central bank has to rebuild trust with Canadian households. After the last two years of interest rate hikes…

Weekly mortgage demand drops to three-month low, as rates climb again

By FinMar NewsMay 30, 2024

A home available for sale is shown on May 22, 2024 in Austin, Texas. Brandon Bell | Getty ImagesAfter a brief pullback during much of May, mortgage…

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