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Mortgage rates at 3% were an ‘anomaly.’ Here’s what a normal 30-year rate looks like.
MarketWatch via Yahoo Finance· 1 day agoDuring that period between 1950 and 2000 when rates averaged 6%,inflation-adjusted economic growth...
Europe gambles on interest rate cut for growth as Britain languishes
The Telegraph via Yahoo Finance· 1 day agoChristine Lagarde has warned that the European Central Bank’s fight against inflation is far from...
Weaker loonie may not deter Bank of Canada diverging from the Fed
StreetInsider· 2 hours agoInvestors expect the Canadian central bank to begin rate cuts in June or July, with next Tuesday's inflation reading seen as a key input. The BoC's benchmark ...
ECB cuts rates for first time in 5 years
Nikkei Asian Review· 1 day agoIn new forecasts released with the widely flagged rate cut, the ECB said it expected inflation to average 2.2% in 2025 -- up from a previous ...
Interest rates are coming down in Europe | CNN Business
CNN.com· 1 day agoThe European Central Bank cut interest rates Thursday, moving before the US Federal Reserve and the...
US employers added 272,000 jobs in May, a sign of continued economic strength
WVLT-TV Knoxville· 9 hours agoUS employers added a robust 272,000 jobs in May in a sign of continued economic strength. Tentative...
Is the US Job Market Beginning to Weaken? Friday's Employment Report May Provide Hints
US News & World Report· 21 hours agoEconomists have forecast that the report will show that employers added 180,000 jobs in May, about the same as the 175,000 for April. The unemployment rate
Gold prices dip as China central bank holds off buying
Reuters· 9 hours agoGold prices fell nearly 2% on Friday after data showed China's central bank held off gold purchases in May following 18 consecutive months of buying. Spot gold fell 1.8% to $2,333.69 per ounce ...
Stock Market Today: Stocks turn higher after hot jobs report; GameStop roars
TheStreet via Yahoo Finance· 10 hours agoWages were hotter, too, with average hourly earnings rising 0.4% on the...and 4.1% on the year,...
European Central Bank cuts interest rates ahead of US Fed
Semafor via Yahoo Finance· 1 day ago“The Fed usually takes the lead on rate policy and the ECB will be hesitant to cut twice ahead of...