Top Fed Official Backs Jul. Rate Cut
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Canada's annual inflation rate rose to 1.9% in June, meeting analysts' expectations, as increases in the price of automobiles, clothing and footwear pushed the index higher, data showed on Tuesday.
The CPI was forecast to rise 2.7% last month, higher than last month's rate of 2.4%, according to economists polled by financial data firm FactSet. June's reading is the highest since February, when the CPI rose 2.8% on an annual basis.
Mortgage rates tend to fluctuate day by day. So if you’re planning to buy a home, it’s a good idea to keep a close watch on interest rates and weigh various mortgage options. One common type of mortgage is a conventional loan with a 15-year fixed interest rate.
Regional lender Huntington Bancshares on Friday raised its annual interest income forecast, betting on robust loan growth and lower deposit costs.
The Bureau of Labor Statistics reported that the consumer price index (CPI), a popular inflation gauge, increased in June to 2.7% on an annual basis as prices rose for consumers.
Property REITs remain attractive despite high rates, with low leverage, fixed-rate debt, and strong income growth. Read more about AWP CEF's 12.5% yield.
Savings rates slipped from recent highs in 2024, but will that trend continue in 2025? Here’s a look at what could happen with savings rates this year.
Chile’s consumer prices fell twice as much as expected in June, pushing annual inflation to its lowest since September and fueling expectations that the central bank will resume interest rate cuts this month.
BGT offers high monthly income from floating rate loans, benefiting from the current high interest rate environment. Click here to find out why BGT is a Hold.
The newly published meeting minutes highlighted a divide over how Federal Reserve officials expect the economy to respond to President Donald Trump's tariffs.
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iHeart on MSNInflation Increased In June For Second Straight MonthDespite the inflation increase, President Trump celebrated the data, highlighting "Very Low Inflation" and urging the Federal Reserve to cut interest rates by 3 percentage points.