interest rates News

US Mortgage Applications Dip by 4.2% Amid Economic Uncertainty and Labor Market Concerns

The Mortgage Bankers Association reports a 4.2% weekly decline in US mortgage applications, with economic uncertainty and labor market concerns cited as key factors. Interest rates...

Weekly US Mortgage Applications Dip by 4.2% Amid Economic Uncertainty and Labor Market Concerns

The US saw a 4.2% weekly decline in mortgage applications, with the average interest rate for 30-year fixed-rate mortgages slightly decreasing to 6.89%. Economic uncertainty and la...

US Mortgage Applications Drop 4.2% Amid Economic Uncertainty and Labor Market Weakness

The Mortgage Bankers Association reports a 4.2% weekly decline in U.S. mortgage applications, attributing the slowdown to economic uncertainty and labor market weaknesses. Interest...

US Mortgage Applications Dip by 4.2% Amid Economic Uncertainty and Labor Market Weakness

Mortgage applications in the U.S. fell by 4.2% last week, as per the MBA survey, with economic uncertainty and labor market concerns slowing home purchase activities to the lowest ...

Tech Giants' Earnings in Focus: US Futures Hold Steady Amid Anticipation

US stock futures remained steady as investors awaited earnings reports from major tech and industrial firms, along with key economic indicators. The market's focus is on insights i...

US Mortgage Applications Plummet by 4.2% Amid Economic Uncertainty and Labor Market Weakness

Mortgage applications in the U.S. fell by 4.2% last week, with economic uncertainty and labor market weakness cited as key factors. The average interest rate for 30-year fixed-rate...

ECB's Villeroy Criticizes Trump's Protectionist Policies as Ineffective Amid Economic Uncertainty

ECB's Francois Villeroy de Galhau criticizes Trump's protectionist policies for causing economic instability, while expressing confidence in Europe's economic resilience and potent...

ECB's Villeroy Criticizes Trump's Protectionist Policies as Ineffective and Harmful to US Economy

ECB's Francois Villeroy de Galhau criticizes Trump's protectionist policies as ineffective, causing economic instability. He remains optimistic about Europe's economy, foreseeing n...

Bank of Russia Holds Steady: Key Interest Rates Remain at 21% Amid Inflation Battle

The Bank of Russia keeps its key interest rates steady at 21%, aiming to combat inflation and achieve a 4% target by 2026. Inflation forecasts for 2025 remain between 7% and 8%, wi...

Bank of Russia Holds Steady: Key Interest Rates Remain at 21% Amid Inflation Battle

The Bank of Russia keeps its key interest rates at 21% to combat inflation, aiming for a 4% target by 2026. Despite efforts, inflation remains high, with forecasts unchanged and do...

Inflation in Russia Expected to Decline by May, Central Bank Governor Nabiullina Announces

Russian Central Bank Governor Elvira Nabiullina forecasts a decline in inflation by May, with a cautious stance on monetary policy. The bank maintains a 21% interest rate to stabil...

Bank of Russia Holds Firm: Key Interest Rates Remain at 21% Amid Inflation Battle

The Bank of Russia keeps its key interest rates at 21% to tackle inflation, aiming for a 4% target by 2026. Inflation forecasts for 2025 remain at 7%-8%, with current rates at 8.3%...

Russia Holds Steady: Central Bank Maintains Key Rate at 21% Amid Inflation Battle

The Bank of Russia keeps its key interest rate at 21% to tackle inflation, aiming for a 4% target by 2026. Inflation forecasts remain at 7%-8% for 2025, with Q1 averaging 8.3%. Cha...

Russian Central Bank Predicts Inflation Decline by May, Governor Nabiullina Highlights Cautious Optimism

Russian Central Bank Governor Elvira Nabiullina forecasts a decrease in inflation by May, with the bank keeping the key interest rate at 21%. Despite passing the peak inflation in ...

Bank of Russia Holds Steady: Key Rates Remain at 21% Amid Inflation Battle

The Bank of Russia keeps its key interest rates at 21% to fight inflation, aiming for a 4% target by 2026. Inflation forecasts remain unchanged, with challenges from high expectati...

Inflation in Russia Expected to Decline by May, Central Bank Governor Predicts

Russian Central Bank Governor Elvira Nabiullina forecasts a decrease in inflation starting May, with a cautious outlook due to potential temporary spikes. The key interest rate rem...

Inflation in Russia Predicted to Decline by May, Central Bank Governor Announces

Russian Central Bank Governor Elvira Nabiullina predicts a decrease in inflation by May, with a cautious outlook due to potential temporary upticks. The key interest rate remains a...

Bank of Russia Holds Interest Rates Steady at 21% Amid Inflation Battle

The Bank of Russia keeps its key interest rates at 21% to combat inflation, aiming for a 4% target by 2026. Despite expectations of declining inflationary pressures, high inflation...

Bank of Russia Holds Firm on High Interest Rates Amid Persistent Inflation Concerns

The Bank of Russia keeps its key interest rate at 21% to tackle inflation, aiming for a 4% target by 2026. Inflation is forecasted between 7%-8% for 2025, with current rates at 8.3...

Bank of Russia Maintains Key Rates at 21% Amid Inflation Concerns and Economic Adjustments

The Bank of Russia keeps its key interest rates steady at 21%, aiming to curb inflation to 4% by 2026. Inflation forecasts for 2025 remain at 7%-8%, with Q1 averaging 8.3%. Challen...

Bank of Russia Holds Steady: Key Interest Rates Remain at 21% Amid Inflation Battle

The Bank of Russia keeps its key interest rates at 21% to fight inflation, aiming for a 4% target by 2026. Inflation forecasts remain unchanged, with high expectations and domestic...

Bank of Russia Holds Steady: Key Interest Rates Remain at 21% Amid Inflation Control Efforts

The Bank of Russia has decided to keep its key interest rates at 21%, aiming to control inflation and reach a 4% target by 2026 through tight monetary policies.

Cleveland Fed President Hammack Signals Potential June Rate Move Amid Economic Uncertainty

Cleveland Fed President Beth Hammack discusses the potential for a June rate move, emphasizing data-driven decisions amid trade tariff uncertainties and market volatility. The Fed ...

Indian Banks Face Margin Pressure Amid Falling Rates and US Tariff Challenges

Indian lenders are expected to manage US tariff impacts better than Asian peers but face margin pressures from falling rates. NBFCs see slower growth due to stress in unsecured loa...

ECB's Villeroy Signals Further Rate Cuts Amid Near-Target Inflation Achievement

ECB's Francois Villeroy de Galhau announces near achievement of inflation targets and hints at further rate cuts, while expressing optimism about the Eurozone's economy amidst glob...

Sharp 12.7% Drop in US Mortgage Applications Signals Economic Uncertainty

The US mortgage applications plummeted by 12.7% in a week, with key indexes showing significant declines and interest rates on the rise, reflecting economic uncertainty and its imp...

Sharp 12.7% Drop in US Mortgage Applications Signals Economic Uncertainty

The US mortgage applications plummeted by 12.7% in the week ending April 18, as per the MBA survey, with key indexes and interest rates showing unfavorable trends for homebuyers.

UK's Private Sector Faces Sharp Decline in April Amid Global Demand Slump and Rising Costs

The UK's private sector activity has sharply declined in April, with PMI figures hitting multi-month lows across manufacturing and services sectors, driven by a slump in exports an...

Gold Soars to Unprecedented Heights: Surpasses $3,500 Amid Market Turbulence

Gold prices have skyrocketed, breaking the $3,500 barrier for the first time, amidst political criticisms and market uncertainties. Other precious metals like silver, platinum, and...

Gold Soars to Unprecedented Heights, Surpassing $3,500 Amid Market Turmoil

Gold prices have surged past $3,500, hitting a record high as investors seek safe-haven assets. President Trump's criticism of Fed Chair Powell adds to market uncertainties, boosti...

HDFC Bank Slashes Fixed Deposit Rates: What It Means for Your Savings

HDFC Bank has reduced FD interest rates by up to 20 basis points for select tenures, affecting both regular and senior citizen depositors. The new rates are effective from April 21...

China's Central Bank Holds Steady: Key Interest Rates Remain Unchanged Amid Market Speculations

The People's Bank of China maintains its benchmark interest rates, in line with market expectations, reflecting a cautious monetary policy approach amid current economic conditions...