interest

Economists like Nouriel Roubini are starting to worry about a US debt crisis as interest rates rise - here's why it's the latest issue rocking markets

Economists like Nouriel Roubini are starting to worry about a US debt crisis as interest rates rise – here’s why it’s the latest issue rocking markets

Economists are beginning to worry about the sustainability of high debt levels as global interest rates rise sharply. A credit crunch could fuel “the mother of all economic crises”, warned Nouriel Roubini last week. Some experts have compared the current situation to the structural problems that triggered the financial crash of 2008. Loading Something is …

Economists like Nouriel Roubini are starting to worry about a US debt crisis as interest rates rise – here’s why it’s the latest issue rocking markets Read More »

Bank of England set to spoil party mood with another interest rate hike

Bank of England officials are expected to take their foot off the accelerator when they meet this week to decide how much the cost of borrowing should rise. The prospect of a year-long recession that would hit living standards, reduce business investment and damage the UK economy’s long-term productive capacity might have made them think …

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Fed to keep interest rates high all next year, making recession very likely: survey

Fed to keep interest rates high all next year, making recession very likely: survey

SlateStone Wealth Chief Market Strategist Kenny Polcari discusses whether the U.S. economy has moved past peak inflation after November’s wholesale inflation report beat expectations on “Varney & Co.” The Federal Reserve is expected to keep interest rates high through 2023, dashing Wall Street’s hopes of lowering rates in the second half of 2023 and all …

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Stock market closes sharply lower for second straight day on interest rate concerns

Stock market closes sharply lower for second straight day on interest rate concerns

The stock market closed sharply lower for a second straight day on Tuesday, as the strength of the U.S. economy kept investors worried about interest rates. Tuesday’s narrower-than-expected trade gap with the United States in October did not help. Oil, technology and communications stocks led the declines. X The Nasdaq composite fell 2% while the …

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Is this a good time to get a good mortgage interest rate?

As mortgage rates fluctuate, is now the best time to get a good rate?

Is it a good time to get a good mortgage interest rate? Google Street View Suddenly, mortgage interest rates are falling. Then they are standing. What is a consumer supposed to do? Watch and probably wait. “This is still a time of extremely high volatility, so rates can go up and down quickly on short …

As mortgage rates fluctuate, is now the best time to get a good rate? Read More »

Reviews |  Powell admitted he got the interest rates wrong.  We need more officials like that.

Reviews | Powell admitted he got the interest rates wrong. We need more officials like that.

Comment this story Comment Investors have been watching Federal Reserve Chairman Jerome H. Powell’s remarks closely this week for clues about the next interest rate hike. They had a few. But if you’ve been paying attention, you may have noticed something far more significant, Powell says. Powell, one of the most powerful policy makers in …

Reviews | Powell admitted he got the interest rates wrong. We need more officials like that. Read More »

Fed officials discussed slowing interest rate hikes 'soon'

Fed officials discussed slowing interest rate hikes ‘soon’

Federal Reserve officials agreed at their November meeting that it would soon be appropriate to slow interest rate hikes, minutes of the meeting showed, as they focused on how high interest rates will eventually rise. Central bankers raised interest rates by three-quarters of a percentage point for the fourth straight time at their November 1-2 …

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