US 30-year mortgage rate falls to two-year low of 6.15%
(Reuters) – The interest rate for the most popular U.S. home loan fell last week to its lowest level in two years, on anticipation the Federal Reserve will start cutting…
Editor’s Pick
4396 posts
Explainer-What does a Fed rate cut mean for American households?
By Lindsay (NYSE:LNN) Dunsmuir and Ann Saphir (Reuters) – The Federal Reserve is set to cut U.S. short-term borrowing costs on Wednesday, a watershed moment that should start to ease…
US House ties government funding to voting bill as shutdown deadline nears
By Andy Sullivan WASHINGTON (Reuters) – The Republican-controlled U.S. House of Representatives will vote on legislation on Wednesday that pairs a must-pass spending bill with tighter voting rules, setting up…
Investing.com Poll: 60% of readers expect Fed to roll out 25-basis point cut
Investing.com — The Federal Reserve is tipped to slash interest rates by 25-basis points, rather than a more aggressive 50 basis points, following the conclusion of its latest two-day gathering…
Analysis-Fed rate-cutting cycle could be shallower than expected
By David Randall and Davide Barbuscia NEW YORK (Reuters) – As the U.S. Federal Reserve begins its much-anticipated rate-easing cycle on Wednesday, interest-rate cuts in the months ahead may be…
Analysis-Brazil’s tinkering to meet fiscal target threatens to dent credibility
By Marcela Ayres and Bernardo Caram BRASILIA (Reuters) – As Brazil struggles to meet its year-end budget target, the government has become increasingly creative with how it accounts for spending,…
UK house prices rise for fifth month in July, ONS says
LONDON (Reuters) – British house prices rose by an annual 2.2% in July, the fifth monthly rise in a row but the pace of increase cooled and was below a…
How some hedge funds would trade a rate cutting cycle
By Nell Mackenzie LONDON (Reuters) – While many investors hope falling interest rates will usher in a soft economic landing, others forecast a calm before the storm. Here are hypothetical…
Austria to increase federal disaster fund to 1 billion euros, chancellor says
VIENNA (Reuters) – Austria’s federal disaster fund will increase to 1 billion euros ($1.11 billion) and companies severely affected by flooding will be able to postpone tax payments, Chancellor Karl…
China sets countermeasures against 9 US firms over weapons sales to Taiwan
BEIJING (Reuters) – China’s foreign ministry announced countermeasures on Wednesday against nine U.S. military-linked firms over U.S. weapons sales to Taiwan. The countermeasures taken against firms, including Sierra Nevada Corporation…