UK Housing Market Slowdown: Lenders are Approving Fewer Mortgages as Inflation, Rising Interest Rates Bite
The UK housing market is rapidly slowing, as surging inflation and subsequent rising interest rates bring what was once rapid
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Interest Rates
Australia’s Central Bank Issues Unprecedented Apology for Misleading Mortgage Holders on Interest Rates
In a rare statement from a major central bank, the Reserve Bank of Australia (RBA) is sounding regret over its
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Real Estate Crash En Route? Experts Call for 17.5% Peak to Trough Drop in Canadian Home Prices
Canadian home prices are slated for a major landslide drop of at least 17.5% from peak levels, thanks to the
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Fed Minutes Suggest Policy Makers Can’t Decide Between Slowing Hikes or Keeping Rates High
The freshly-released minutes from this month’s FOMC meeting suggest most members believe its may soon be appropriate to reduce the
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Yield Curve Aggressively Inverts as Ongoing Fed Hikes Barrel Economy Into a Recession
The closely-watched Treasury yield curve dipped to the lowest level since the 1980s Volcker era, signalling a recession is barrelling
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Canadian Building Permits Plummet by Record in September as Housing Market Dramatically Cools
The value of building permits fell by the most on record in September, as rapidly rising mortgage rates send shivers
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Jerome Powell Hikes Rates 75 Basis Points for Fourth Consecutive Time
The Federal Reserve once again delivered the fourth consecutive 75 basis-point rate hike on Wednesday, cementing one of the sharpest
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FOMC Preview: Will The Fed Hike The US Economy Straight Into a Recession?
With a sixth interest rate hike en route this week, some economists are sounding the alarm that the Fed will
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Fed’s Interest Rate Hikes Are Causing The Fed To Lose Money
The US Federal Reserve is losing money as it pays more interest expense than it earns from interest income. The
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ECB Delivers 75 Basis-Point Hike Regardless if it Causes Recession
The European Central Bank delivered another rate hike on Thursday, with plans to adjust the conditions of its extremely cheap
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