Experts predict a forthcoming economic slowdown in the year 2024, with factors such as housing, inflation, and interest rates playing key roles, although the possibility of a recession remains unlikely.
In a surprising turn of events, U.S. inflation experienced a greater-than-expected decline in November, providing further support for the argument of lower interest rates from the Federal Reserve. This marked the first decrease in the inflation rate, as measured by the Federal Reserve's preferred personal consumption expenditure index, since...
Renowned economist Robert Solow, who pioneered the modern model of economic growth and received the Nobel Prize, passed away at the age of 99 on Thursday.
Today's mortgage interest rates, as of December 21, 2023, are expected to have a significant impact on the housing market in 2024. With rates currently low, experts predict that more homebuyers will be enticed to enter the market, resulting in a surge in home prices.
As traders speculate on the Federal Reserve's potential rate cuts, the 10-year U.S. Treasury yield has plummeted below 3.9%, reaching its lowest point since July.
"Yen weakens as Bank of Japan maintains ultra-loose policy
The yen experienced a broad decline on Tuesday following the Bank of Japan's decision to keep its ultra-loose monetary policy unchanged. Investors were eagerly anticipating this decision and were particularly interested in any indications that the central bank might move away...
Gain comprehensive knowledge about 30-year mortgage refinance rates in order to make well-informed decisions regarding your mortgage refinance application.
Saturday's GNR reveals a surprising revelation: the battle against inflation, though not widely recognized, has been won. The markets have spoken, and they declare that the Federal Reserve emerged victorious in this crucial fight. This development holds significant importance, and here's why...
In a move aimed at combating escalating inflation, Russia's Central Bank has raised its key interest rate to 16%, marking the fifth hike since summer, as reported by The Moscow Times.
Following the Bank of England's decision to keep interest rates unchanged and resist the anticipated rate cuts, the value of the pound rose against both the dollar and the euro on Thursday. In contrast to the Federal Reserve's recent stance, the BoE emphasized the necessity for British interest rates...
According to a policy institute in Beijing, investing in children is considered the most valuable strategy for China's economy, as it can boost consumption and foster domestic demand. This recommendation comes in response to China's recent population decline, the first in over sixty years.