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Interest rates pressure heaps onto Andrew Bailey as he's begged to cut now
Daily Express· 5 days agoThe Bank of England is being urged to cut interest rates this week to help homeowners, following...
UK inflation drops to Bank of England's 2% target
Yahoo Finance UK· 6 days agoThe Bank's Monetary Policy Committee will meet on Thursday...political outcome. Slowing inflation is likely to be well-received by homeowners and buyers...
New Construction Hits Wall of High Prices and Mortgage Rates in May
US News & World Report· 4 days agoPermits fell to a 1.386 million annual level, down from 1.44 million in April, while starts dropped to 1.28 million from 1.35 million a month earlier. The housing sector is facing an impasse ...
S&P 500 closes lower after record high, weighed by chips stocks, economic data
Reuters via Yahoo News· 4 days ago(Reuters) -The S&P 500 and Nasdaq closed lower on Thursday, as market bellwether Nvidia retreated...
PM says ‘we’ve got there’ as inflation hits target, but summer rate cut in doubt
PA Media: Money via Yahoo Finance· 5 days ago“Prices have risen in the shops, mortgage bills are higher and taxes are at a 70-year high.” Liberal...
UK borrowing costs set to stay the same despite inflation hitting 2% target
Press Association News via AOL· 5 days agoHowever, financial markets have reduced bets of a rate cut happening in August, with some economists...
Soaring Budget Deficit Raises Risk For S&P 500; Can AI Save The Day?
Investor's Business Daily· 1 day agoChina unloaded more than $50 billion in U.S. Treasury holdings in the first quarter. U.S. Budget...
Uptick in inflation rate changes the Fed’s outlook - Charleston Business
Charleston Regional Business Journal· 6 days agoOnce a quarter the Federal Reserve updates its forecasts for GDP growth, inflation and interest...
US Homebuilder Confidence Slides to Lowest Level This Year
Bloomberg· 5 days agoUS homebuilder sentiment unexpectedly declined in June to the lowest level this year as mortgage...
Housing market seeks Fed rate-cut relief as sales slump
TheStreet.com· 4 days agoThe Commerce Department reported Thursday that new housing starts, which comprise both single-family homes and multifamily units, fell to the lowest levels since 2020 last month amid sky-high ...