The European Central Bank is well positioned with borrowing costs currently at the right level, according to President Christine Lagarde. “The interest rates we settled on at the last meetings are, in ...
European Central Bank officials saw the existing level of borrowing costs as sufficient to deal with possible jolts to the economic outlook, according to an account of their October meeting. Among ...
When polar ice sheets melt, the effects ripple across the world. The melting ice raises average global sea level, alters ocean currents and affects temperatures in places far from the poles. But ...
While getting older has long been linked to higher cancer risk, new research suggests that after a certain age, the odds don’t just plateau — they may actually drop. “The implications of this story ...
FRANKFURT (Reuters) -The European Central Bank's interest rates are at the appropriate level barring changes in the economic situation, the ECB's Vice President Luis de Guindos said in an interview ...
U.S. homeowners are staying put amid growing economic uncertainty and the ongoing affordability crisis, with the country’s housing market reporting the lowest home turnover rate in 30 years, according ...
In 2025, improved mortgage spreads have played a crucial role in reducing mortgage rates near 6%, supporting the housing market. Despite recent volatility in weekly data due to holidays and AWS ...
LOS ANGELES (AP) — The number of U.S. homes that typically change hands as people relocate for work, retire or trade-up for more living space hasn’t been this low in nearly 30 years. About 28 out of ...
The Federal Reserve dropped interest rates again Wednesday, despite complications caused by a data blackout during the government shutdown. As reported by The Wall Street Journal, the Fed made a ...
Fed Cuts Rates to Lowest Level Since 2022 but Casts Doubt on December Move The Federal Reserve cut interest rates by a quarter point for the second time this year, but the probability of a reduction ...
Mortgage rates have plunged to their lowest level in 12 months, giving home buyers some room to breathe. The 30-year fixed-rate mortgage averaged 6.19% as of Oct. 23, according to a weekly report from ...