Why the 30-year fixed-rate mortgage is a ‘uniquely American construct’
monkeybusinessimages | GettyTrue to its name, a 30-year fixed-rate mortgage spreads out repayment over 30 years, with an interest rate...
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UK house prices expected to rise modestly over 2024, says Halifax
The average UK house price rose by 0.1% in April month-on-month, after a fall of 0.9% in March, according to...
Dollar steady after soft U.S. jobs report; yen starts week on back foot
On Monday, the yen weakened 0.43% to 153.62 per dollar in early trading, having touched a three-week high of 151.86...
Experts predict Bank of England won’t cut interest rates this week
The Bank of England looks set to hold out for stronger signs the cost-of-living crisis is abating before lowering interest...
Bank of England not yet ready to cut UK interest rates, experts say
UK borrowers may have to wait longer to see interest rates come down, as policy-makers look set to hold out...
The Bank should diversify its policymaking team before going out to bat
During 2020 and 2021, as inflationary dangers grew, there was “no mention of the monetary data in the Bank’s reports”,...
Why the American Economy Is Suddenly Exceptional
Indie Studios LLC/getty images The U.S. was known as the “cleanest dirty shirt” during the financial crisis, the one place...
US Fed Meeting Outcome highlights: Powell-led FOMC holds rates steady at 5.25-5.50%, cuts Treasury cap to $25 billion
US Fed Meeting Outcome highlights: The US Federal Reserve announced its interest rate decision today after a two-day Federal Open...
Bitcoin Price (BTC) Bounces After Fed Holds Rates Steady
As expected, the Federal Open Market Committee of the U.S. Federal Reserve on Wednesday left its benchmark fed funds rate...
Why Mortgages, Interest Rates and House Prices Are a Hot UK Election Issue
With Britain expecting a general election later this year, the ruling Conservatives and Labour opposition are drawing up rival plans...
