Browsing: rate

Canada is already in a recession, and the Bank of Canada must act quickly to bring interest rates down, CIBC deputy chief economist Benjamin Tal told…

Federal Reserve Governor Stephen Miran said Wednesday that the latest impasse in trade talks between the U.S. and China poses new dangers to the economic outlook…

I’ve mentioned on several occasions that I predicted a sub-6% mortgage rate by the fourth quarter of 2025.We are now in the fourth quarter, but still…

Americans may feel somewhat removed from the Federal Reserve, but the central bank’s moves have a ripple effect on many types of consumer products, most notably…

Federal Reserve Governor Christopher Waller said Friday that he continues to support lowering interest rates but said the central bank needs to be careful amid conflicting…

Federal Reserve officials in September were strongly inclined to lower interest rates, with the only dispute seeming to be over how many cuts were coming, meeting…

Key insights: Banks are by and large lowering interest rates on deposit accounts.Expert quote: “Until loan growth really comes back in a more significant way, what…

Key insight: Fed Vice Chair Philip Jefferson described a delicate balancing act, supporting moderate rate cuts to protect jobs while keeping long-term inflation under control.Supporting data:…

Lately, the battle for supremacy in the mortgage/real estate world has heated up tremendously.First, we saw Rocket acquire real estate brokerage Redfin, and most importantly, their…

Key insight: Federal Reserve Chair Jerome Powell said the recent uptick in the unemployment rate and slowing job gains were factors that led the central bank’s…