Rupee ends little changed at 83.27 against the US dollar ahead of Fed Chair Powell’s speech
The Indian rupee ended little changed against the US dollar on Wednesday tracking a strong American currency overseas. The local...
archiveInterest Rates
Goolsbee’s ‘golden path’ is still visible
Austan Goolsbee, president and chief executive officer of the Federal Reserve Bank of Chicago, during a Bloomberg Television interview at...
Don’t underestimate the U.S. economy
BlackRock's Rick Rieder thinks real GDP will finish the year at 2½%.He also expects the equity market to pick up...
U.S. dollar tumbles to six-week low after soft jobs data
United States one dollar bills are curled and inspected during production at the Bureau of Engraving and Printing in Washington.Gary...
Warning for Bank of England as Lagarde is accused of hammering eurozone economy
Mortgage demand has also been shrinking across the continent as banks tighten lending criteria and restrict the supply of credit...
Markets are right to bet on higher for longer interest rates
This has potentially far-reaching implications for investment and asset allocation, some of which we are already seeing in markets.For instance,...
Yen rises on speculation of Bank of Japan policy tweak; dollar ebbs
A 1000 yen note on a tray at a souvenir shop in Hakone, Japan, on Tuesday, Nov. 22, 2022.SeongJoon Cho...
Why the world is drowning in debt yet again
Emre Tiftik, a director at the IIF, believes countries have become addicted to debt.“Right now most countries have a growth...
Many Mortgages Are Still Below 4%. The Rate Is Handcuffing Homeowners.
Mortgage rates are at their highest level in 23 years. Many U.S. homeowners who have locked-in their costs, however, have...
Mint Primer: What the spike in US bond yields means for you
The yield on 10-year US treasury bonds crossed 5% on Monday—the first time since 2007. It closed at 4.95% on...
