UK mortgage rates rise to highest level for a month
UK average mortgage rates have risen back to the level of a month ago as renewed tensions in…
The AI trade has crushed everything in its path. Can it handle surging inflation?
A hot inflation report for April ramped up odds for a rate hike by year-end. The shift is…
Gold Rises as Iranian Proposal Raises Hopes for US-Tehran Deal
(Bloomberg) — Gold rose amid hopes for a deal to end the standoff between the US and Iran…
Economist Shane Oliver fears an ‘inflation mindset’ steering Australia toward recession
A leading Australian economist has warned the “clock is ticking” on a recession as an “inflation mentality” floods…
Weak jobs report likely to keep Fed on hold in wake of oil price shock
A weak jobs report for February quashed the notion that the labor market is stabilizing, but it likely…
Strong jobs report likely to keep Fed on hold for a while
A stronger-than-expected jobs report for the month of January is likely to cement that the Federal Reserve holds…
Expert tips dramatic interest rates cut to 2.75% driven by unemployment
Interest rates could be slashed to 2.75 per cent by the end of summer, driven by rising unemployment,…
Gold Prices Close Week in Positive Territory, Silver Hits Record High, Fed Interest Rate Cuts Expected
Phillip Streible, Chief Market Strategist at Blue Line Futures, added, “The main theme remains the flow of money…
Gold prices rise following higher-than-expected US unemployment rate
Alex Ebkerian, COO of Allegiance Gold, predicted that if gold prices close above $4,400 by the end of…
What the latest GDP numbers mean for interest rates and the economy
On a couple of occasions, former treasurer and prime minister Paul Keating described favourable gross domestic product figures…
US may need more slack in job market to hit 2% inflation
By Howard Schneider WASHINGTON (Reuters) -The U.S. labor market likely needs to weaken further for the Federal Reserve…
Fed’s Goolsbee says US jobs market steady, cautions against aggressive rate cuts, FT reports
(Reuters) -Federal Reserve Bank of Chicago President Austan Goolsbee said the U.S. jobs market remains “mostly steady and…