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Bank of Korea slashes rates to lowest since August 2022 on economic worries, cuts growth forecast
The Bank of Korea cut rates to 2.75% from 3%, in line with expectations from economists polled by Reuters, trimming rates for the third time in four meetings.CNBC - 6d -
Fed’s Barkin says interest rates may have to rise to combat inflation headwinds
Barkin said he understands that the fight against inflation has been long, but that “it is critical that we remain steadfast.”MarketWatch - 5d -
No ‘golden age’ is coming. Trump’s tariffs will hit Americans with higher interest rates and more inflation.
Protectionism won’t make us rich — especially if tariffs launch a trade war.MarketWatch - 5d -
Baby bump in South Korea as fertility rate rises for first time in 9 years
Surge in marriages after pandemic spurs hopes country’s demographics may have turned a cornerFinancial Times - 5d -
Birth rate in South Korea, the world's lowest, rises for first time in 9 years
South Korea’s fertility rate rose in 2024 for the first time in nine years, preliminary data showed Wednesday, in a sign that the country’s demographic crisis might have turned a corner.NBC News - 5d -
Mortgage rates drop to lowest since mid-December, but demand still falls short
Applications for a mortgage to purchase a home were flat for the week and 3% higher than the same week one year ago.CNBC - 4d -
ElevenLabs’ new speech-to-text model Scribe is here with highest accuracy rate so far (96.7% for English)
ElevenLab's Scribe pricing makes it competitive for businesses that require high-volume transcription services with API-based integration.VentureBeat - 4d -
Japan's birth rate fell for a ninth consecutive year in 2024 to hit a record low
The number of babies born in Japan last year fell for a ninth consecutive year to hit a record low, according to health ministry dataABC News - 4d -
HELOC rates hit a two-year low: 3 reasons to open one now
HELOC rates dropped lower this week, easing costs for borrowers. That's not the only reason to open one, though.CBS News - 3d -
Bank of England rate setter warns of higher UK inflation risk driven by wages
Deputy governor Dave Ramsden says interest rate cuts must be gradualFinancial Times - 3d -
Mortgage rates are falling, but it’s not helping sell more homes. Are lower house prices next?
Homebuilder stocks are in a bear market, as lower mortgage rates and continued rate discounts haven’t improved demand.MarketWatch - 2d -
Mortgage rates are falling. Here’s how much income you need now to buy a house for $250,000, $400,000 and $1 million.
Mortgage rates fell for the sixth week in a row, offering more financial relief to home buyers.MarketWatch - 2d -
Euro zone inflation dips to 2.4% in February as ECB bets point to sixth rate cut
Economists surveyed by Reuters had been expecting inflation to ease to 2.3% in February.CNBC - 6h -
