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Governor Tiff Macklem says there was a ‘clear consensus’ to stay pat, but suggests the door remains open to additional cuts ...
Mortgage rates would have to fall to lower than 4.5% or home prices would need to fall by 18% for housing to become ...
Assuming inflation remains near 2%, interest rates will likely continue to trend lower. The FOMC projects a fed funds rate of just 3.4% by the end of 2025.
But with the average mortgage interest rate around 6.50% right now - more than double what it was a few years ago - homebuyers may be looking for ways to get a rate even lower, and preferably ...
The natural rate of interest, also known as r-star, is a key variable for analyzing fiscal and monetary policy. A novel method of measuring this rate for the euro area uses a yield curve model ...
If the Fed does cut its benchmark interest rate, demand for gold could rise - pushing its price higher. And, that would be a welcomed move among gold investors.