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Morgan Stanley CEO says the era of zero interest rates and inflation 'is over'
Several of Wall Street's chief executives don't see more than one more interest rate cut by the Fed this year, citing expectations of continued inflation.Business - CNBC - 2 days ago -
Does Africa need its own credit rating agency?
A pan-continental body is not a cure-all for its debt problemsWorld - Financial Times - 2 days ago -
Morgan Stanley CEO says the era of zero interest rates and inflation 'is over'
RIYADH — The days of easy money and zero interest rates are firmly in the past, Morgan Stanley CEO Ted Pick said Tuesday, speaking at a panel of finance CEOs in Riyadh.Top stories - NBC News - 2 days ago -
How to get a low home equity loan rate this November
There are multiple ways borrowers can secure a low home equity loan interest rate this November. Here are three.Top stories - CBS News - 2 days ago -
Small Business Owners More Confident About Borrowing After Rate Cut
Entrepreneurs and the banks that finance their expansions and upgrades are more optimistic, as refinancing and new loans get easier.Business - Inc. - 2 days ago -
7% mortgage rates are a warning about who will win the election, economist says
Mark Zandi of Moody’s Analytics says rising mortgage rates offer clues about how investors are considering the postelection future of the U.S. economyBusiness - MarketWatch - Yesterday -
Mortgage rates rise to highest level since July due to these 3 reasons
Mortgage applications fell 0.1% in the last week, the Mortgage Bankers Association said.Business - MarketWatch - Yesterday -
Mortgage demand stalls as interest rates surge higher ahead of election
Total mortgage application volume was essentially flat, falling 0.1% compared with the previous week.Business - CNBC - Yesterday -
What's the home equity loan interest rate forecast for November 2024?
Home equity loan interest rates could fall, but they might not be worth waiting for. Here's everything to know.Top stories - CBS News - Yesterday -
The UK Budget in five charts: Reeves limits BoE space for rate cuts
Central bank is nevertheless still likely to ease policy this year and nextBusiness - Financial Times - Yesterday -
US economy continues to grow at robust rate days before presidential election
GDP rose by 2.8% in the third quarter, short of economists’ expectations of 3.1%, and driven primarily by consumer spending. The pace of US economic growth slowed over the summer but continued its ...World - The Guardian - Yesterday -
This bank account is paying 5.25% right now as interest rates surge
Big rises in yields in recent weeks are good for savers.Business - MarketWatch - Yesterday -
USWNT player ratings: Naomi Girma a perfect 10 in Argentina win
Girma was the star Wednesday night as the USWNT smashed Argentina 3-0.Sports - ESPN - 3 hours ago -
Bank of Japan holds rates but signals normalisation still on track
Political uncertainty following election upset raises risks of abrupt policy shifts, warn analystsWorld - Financial Times - 20 hours ago -
Key inflation rate hits 2.1% in September, as expected, closing in on Fed target
The personal consumption expenditures price index was expected to increase 0.2% in September and 2.1% from a year ago.Business - CNBC - 14 hours ago -
A key inflation measure drops to 2.1%. Here's the interest rate impact.
The personal consumption expenditures (PCE) price index eased to a 2.1% annual rate in September, close to the Fed's target.Top stories - CBS News - 13 hours ago -
Mortgage rates increase for the fifth straight week — but there’s good news
The 30-year mortgage rate is averaging 6.72%, Freddie Mac said in its latest weekly survey on Thursday.Business - MarketWatch - 12 hours ago -
Average rate on a 30-year mortgage in the US rises for fifth straight week
The average rate on a 30-year mortgage in the U.S. rose for the fifth straight week, returning to its highest level since early AugustTop stories - ABC News - 11 hours ago -
Rival creditor group offers Thames Water emergency loan at lower rate
The UK’s largest water and sewerage provider is struggling with a £19bn debt loadBusiness - Financial Times - 12 hours ago -
How much does a $250,000 HELOC cost now that rates are dropping?
Thinking about borrowing $250,000 from your home's equity? Here's what your HELOC payments could look like now.Top stories - CBS News - 10 hours ago