#rate-cuts

#rate-cuts

The U.S. Federal Reserve is considering reductions in borrowing costs due to inflation numbers deviating from its two per cent target. [ more ]

The U.S. stock market saw a significant uptick due to Federal Reserve signals.

NVIDIA's stock hit an all-time high amidst rumors of a tech partnership. [ more ]

The housing market is showing signs of returning to normal with slowing median listing price growth, growing inventory of homes for sale, and falling mortgage rates.

Mortgage rates remain within a narrow range and the Fed is expected to cut rates this year, putting pressure on mortgage rates to fall. [ more ]

The dot plot released by the Federal Reserve shows central bankers expect 75 basis points of rate cuts in 2024, a substantial increase from the 25 basis points expected three months ago.

Stock markets and bond yields surged following this news, with the Dow Jones Industrial Average surpassing 37,000 for the first time ever and the yield on US Treasury Bonds dropping to its lowest level since May. [ more ]

Bank of Canada governor expects 2024 to be a transition year as higher interest rates slow down the economy

Higher borrowing costs will restrain spending and limit growth and employment [ more ]

The Bank of England has chosen to hold interest rates at a 15-year high as it seeks to bear down on inflation.

Markets are now betting on a series of rate cuts over the year ahead, which will have a knock-on impact on the housing market and savings rates.

The expectation is that there might be between two and four rate cuts in the year ahead. [ more ]

The Federal Reserve kept interest rates unchanged after inflation eased in recent months.

Fed policymakers signaled that rate cuts are possible next year if progress on curbing price hikes continues. [ more ]

The US Federal Reserve, Bank of England, and European Central Bank are expected to keep interest rates on hold this week.

Financial markets expect interest rates to be cut next year due to cooling inflation and high borrowing costs. [ more ]