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PM says ‘we’ve got there’ as inflation hits target, but summer rate cut in doubt
PA Media: Money via Yahoo Finance· 2 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
PA Media: Money via Yahoo Finance· 3 days agoHowever, financial markets have reduced bets of a rate cut happening in August, with some economists...
U.S. Housing Sales Could Flatline
The Wall Street Journal· 1 day agoU.S. existing home sales are likely to flatline until the end of this year and “recover only marginally in 2025,” Pantheon’s Ian Shepherdson says in a note.
Bank of England keeps rates at 16-year high before UK election
Reuters via Yahoo Finance· 2 days agoLONDON (Reuters) -The Bank of England kept its main interest rate unchanged at a 16-year high of...
Canada Retail Sales Rise 0.7% in April, Pull Back in May — 2nd Update
Morningstar· 1 day agoOTTAWA--Canadian shoppers once again cut back on spending in May following a rebound the month before, a sign of the stress household budgets continue to face with interest
The Budget Deficit Is Soaring. Can AI Save The Day — And The S&P 500?
Investor's Business Daily· 1 day agoChina unloaded more than $50 billion in U.S. Treasury holdings in the first quarter. U.S. Budget...
Canada Retail Sales Rise 0.7% in April, Pull Back in May
The Wall Street Journal· 1 day agoInflation has cooled steadily in recent months, and while hiring has continued it has failed to keep...
BOE Rate-Cut Signal Set to Hand Feel-Good Factor to Starmer
Bloomberg via Yahoo Finance· 1 day ago(Bloomberg) -- The “feel-good factor” UK Prime Minister Rishi Sunak hoped would materialize during...
High Mortgage Rates Are Holding Back Homebuilding, Locking Up Housing Market
Investopedia· 3 days agoIf the U.S. is to build its way out of the current housing shortage, it needs homebuilding to take...
Inflation returns to target, but experts warn June rate cut ‘off the table’
PA Media: Money via Yahoo Finance· 3 days ago“Prices have risen in the shops, mortgage bills are higher and taxes are at a 70-year high.” Liberal...
