Tag: rates
European Central Bank cautiously cuts rates by a quarter point
The European Central Bank (ECB) is lowering its key interest rates by a quarter of a point on Thursday, September 12, 2024. This is a cautious reduction given that inflation…
Rates, ECB: second cut of the year expected today. What will happen next?
(Telestock) – Second rate cut ready with which the ECB is easing the monetary tightening that began during the energy crisis 2022-2023. But if the deposit rate – which has…
The interest rates, the interest rates, the interest rates
▸ The Riksbank’s latest reduction in the key interest rate was both an expected and welcome announcement. It also looks like we can expect more reductions before the end of…
BofA: If Fed Cuts Rates in Europe We Prefer Quality, Growth and Defensive Stocks
(Telestock) – What to buy in European stocks if the Fed starts cutting interest rates? He asked himself that Bank of America (BofA) in a report on the topic, explaining…
Sweden’s consumers are critical of the big banks: Lowering interest rates too slowly
In connection with the Riksbank’s interest rate cut on 20 August, the major Swedish banks have lowered their lending rates. But it is going too slowly, according to the non-profit…
Fed, Powell: “Time Has Come” to Cut Rates, Pace Will Depend on Data
(Finance) – “The time has come for (monetary, ed.) policy to adapt. The direction of travel is clear and the timing and pace of rate cuts will depend on incoming…
Fed, Collins: It will soon be time to cut interest rates
(Finance) – The president of the Federal Reserve Bank of Boston, Susan Collinssaid it would be appropriate to start cutting interest rates soon to help preserve a still healthy labor…
Iceland’s central bank keeps rates unchanged at 9.25%
(Finance) – The Monetary Policy Committee (MPC) of the Central Bank of Iceland decided to keep interest rates unchanged at 9.25%. Inflation has risen marginally since the last MPC meeting,…
Storbanken lowers its mortgage rates
Updated: Today 07:41 Published: Today 07:41 Now even the big bank SEB is lowering its mortgage rates.The variable fixed interest rate is reduced by 0.15 percentage points to 5.59 percent.The…
US, Freddie Mac: 30-year mortgage rates at lowest in over a year
(Telestock) – The 30-year fixed rate mortgage averaged 6.47% in the United States this week. The announcement was made by Freddie Mac, a private, government-backed company that specializes in issuing…