Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month.
Mortgage rates closely track the yield on a 10-year Treasury bond, or the amount paid to a bondholder annually. In the ...
That’s because rate cuts tend to help the party in power. Lower interest rates boost the economy by making it cheaper for ...
The Bank of Thailand's governor on Friday stressed the need for central bank independence in setting monetary policy amid a ...
The Fed is cutting into one of the stronger economies we've seen in years," Yardeni Reseach's Eric Wallerstein told Fortune.
Asian stocks surged on Friday with Japan’s Nikkei leading regional gains after Wall Street romped to records following the ...
President Joe Biden called the Federal Reserve's decision to lower interest rats "good news" and says he never spoke to the ...