The governing party’s unexpected choice of Sanae Takaichi to lead it rattled markets on Monday, causing the yen to weaken and sending Japanese stocks sharply higher.
Category: Interest Rates
Waiting for Mortgage Rates to Fall Before You Buy? Don’t Bother.
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Russia Again Cuts Interest Rates as Its Economy Slows
Falling inflation has persuaded the central bank in Moscow to continue relaxing the country’s record borrowing costs.
U.S. Homes Are Not Selling, and Prices Continue to Rise
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Despite Pressure From Trump, Powell Remains Patient on Rate Cuts
The Federal Reserve chair said the central bank would make decisions on interest rates based on data.
European Central Bank Cuts Rates as Trade War Weighs on the Economy
It was the eighth rate cut in the past year as officials try to steer Europe’s economy through “exceptional” uncertainty.
Rising Mortgage Rates and Recession Fears Stall a Fragile Housing Market
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China Cuts Interest Rates to Shore Up Economy Hit by Trade War
China’s central bank acted shortly after news that officials from China and the Trump administration will hold their first formal trade talks since the punishing tariffs began.
