UK house prices hit two year high after ‘positive Summer’ for market
The August Halifax House Price Index also revealed which parts of the UK are seeing the most growth in house prices and what the average property price is in various….
Tag: Interest rates
Why has the euro rallied to a 13-month high against the dollar?
The euro has surged to a 13-month high against the dollar, benefiting from four weeks of gains as the Federal Reserve signals upcoming rate cuts. ADVERTISEMENT The euro has climbed….
US Federal Reserve chair says ‘time has come’ to cut interest rate from 23-year high
In his keynote speech at the Fed’s annual economic conference in Jackson Hole, Jerome Powell emphasized that inflation, after the worst price spike in four decades inflicted pain on millions….
Real estate market, interest rates could shift in U.S. after interest rate cuts
Real estate market, interest rates could shift in U.S. after interest rate cuts – CBS News Watch CBS News The real estate market in the U.S. may see some movement….
US inflation comes in lower than expected, raising hopes of a September rate cut
Inflation has taken a central role in the presidential election, with former President Donald Trump blaming the Biden administration’s energy policies for the price increases. ADVERTISEMENT Year-over-year US inflation reached….
Weekly recap: Markets remain mixed as dip-buying gains momentum
Global markets presented a mixed picture after a broad rebound on Thursday, with major indices recovering from their recent lows. Investors likely sought dip-buying opportunities following the significant sell-offs earlier….
Stocks fall as fears of recession increase
Stocks fall as fears of recession increase – CBS News Watch CBS News The stock market took a big slide Monday following a lackluster jobs report and growing fears of….
‘Too much pressure on the brakes’
US central bankers may be having second thoughts about their decision earlier this week to hold borrowing costs steady, after a government report on Friday showed the job market slowed sharply last month…..
Rate-cut hopes add sparkle for gold and silver as prices rise
Precious metal prices gained amid growing bets for central banks to commence rate-cut cycles, with gold and silver rising toward the all-time highs seen in May. ADVERTISEMENT Precious metals like….
Fed Chair Jerome Powell focused on soft landing, says inflation fight isn’t over
Federal Reserve Chair Jerome Powell said on Wednesday he was not yet ready to declare inflation had been beaten, but felt the US remained on a path back to stable prices and….