Wholesale Inflation Sees Fastest Increase in Three Months
The Producer Price Index delivered a higher-than-expected annual wholesale inflation rate of 2.4% in October, its highest ...
The average rate on a 30-year mortgage in the US slips to 6.78%
The average rate on a 30-year mortgage in the U.S. edged lower this week, ending a six-week climb. The rate slipped to 6.78% ...
Will October's inflation increase slow the pace of interest rate cuts?
Inflation increased to 2.6% in October, rising modestly from the previous month, according to the Consumer Price Index (CPI) ...
Here's Why I'm Not Opening CDs This November -- Even With Rates at Over 4%
Even if you don't end up snagging a 10% yearly return in your portfolio, there's a good chance you'll end up doing better than what today's top CDs are paying. So there's no need to settle for 4.5% or ...
Understanding Interest Rates: What Your Bank Wants You To Know
Over the last couple of years, interest rates have fluctuated quite a bit. After plummeting to record lows in 2020, they made ...
Producer Inflation Rises More Than Expected In October: Should Traders Rethink Interest Rate Cut Path?
Producer inflation in October came slightly higher than anticipated Thursday, casting doubts on whether the U.S. economy's broader disinflationary trend will hold through the year’s final quarter.
Business Times7h
Japan’s megabanks see record annual profit after bumper Q2 as rate hikes boost margins
JAPAN’S three megabanks raised their annual profit forecasts to all-time highs on Thursday (Nov 14), fuelled by robust ...
Channel NewsAsia Singapore9h
Mizuho lifts annual guidance after bumper Q2 as rate hikes boost margins
TOKYO: Mizuho Financial Group reported a 62 per cent jump in second-quarter net profit and lifted its annual guidance on ...
US inflation may have increased in October: Here's what's rising in price, and what's leveling off
A rise in prices could make the Federal Reserve less likely to cut its key interest rate in the coming months. But most ...
Current Average Credit Card Interest Rates: Rates Bust 20%
Vault’s Viewpoint Current Credit Card Interest Rates 11/13/2024 20.35% 11/06/2024 20.39% 10/30/2024 20.50% 10/23/2024 20.51% ...
Inflation ticks up in October mostly driven by housing cost increases
Most economists believe overall prices will continue downward trend following first rise in annual inflation in seven months ...