Housing squeeze: 30-year US mortgage rate rises to 6.72%; 5-week easing streak ends as borrowing costs inch up
US long-term mortgage rates experienced a slight increase this week, reversing a five-week trend of declining borrowing costs, with the 30-year fixed rate rising to ...
US Fed policy outlook: Fed chair Jerome Powell says central bank must remain ‘non-political’ as Donald Trump pressure mounts, rate cut still not ruled out
Jerome Powell highlights the importance of the Federal Reserve’s independence. This comes as Donald Trump pushes for interest rate cuts. Powell says the Fed is ...
Gold rate outlook: Gold prices likely to stay under pressure as investors eye key US macro data, say analysts
Gold prices are projected to remain subdued as investors await crucial US macroeconomic data for signals on the Federal Reserve’s interest rate stance. Improving risk ...
US stock market today: Wall street rally after announcement of Israel-Iran ceasefire, Oil prices drop sharply
Oil prices plummeted and global stocks surged following President Trump’s announcement of a ceasefire between Israel and Iran, alleviating concerns about disruptions to global crude ...
Powell resists Trump pressure: Fed chair tells House panel ‘we are well positioned to wait’, says more economic clarity needed
Federal Reserve Chair Jerome Powell indicated the central bank’s intent to hold steady on interest rates, prioritizing further economic data analysis before contemplating any reductions. ...
‘Will pay for his incompetence for years…’: Donald Trump hits out at US Fed Chair Jerome Powell; calls him ‘dumb, hardheaded person’
US President Donald Trump has intensified his criticism of Fed Chairman Jerome Powell, labeling him ‘incompetent’ for not lowering interest rates. Despite economists’ fears, inflation ...
Trump revives threat to fire Fed Chair Powell; calls him ‘total and complete moron’
Donald Trump has once again publicly criticized Federal Reserve Chair Jerome Powell, calling for lower interest rates and even suggesting he might consider firing him. ...
US Fed rate outlook: Governor Waller signals possible July rate cut; says tariff impact may be ‘one-off’ and shouldn’t delay easing
A US Federal Reserve official hinted at potential interest rate cuts as early as July, citing global economic uncertainties and geopolitical risks. Despite President Trump’s ...
UK interest rates: Bank of England likely to keep rates unchanged; cautious stance amid Middle East tensions
The Bank of England is likely to maintain current interest rates. Concerns rise over the Israel-Iran conflict’s impact. This conflict could involve the United States, ...
Trump says Fed Chair Powell ‘costing America billions’; slams him for not cutting rates
US president Trump criticised Federal Reserve Chairman Jerome Powell for not cutting interest rates, labeling him a “real dummy” and blaming him for economic harm. ...
