Morning Bid: India eyes historic rate cut, global easing momentum mounts
A look at the day ahead in Asian markets. Investors are anticipating India's first interest rate cut in nearly five years on ...
The Lowell Sun11m
Average US rate on a 30-year mortgage falls to 6.89%, third straight weekly decline
The average rate on a 30-year mortgage in the U.S. eased for the third week in a row, a smidgen of relief for prospective ...
Trump and Bessent's focus on US10Y instead of fed rate 'the right approach'
U.S. President Donald Trump and his newly appointed Treasury Secretary Scott Bessent's focus on the benchmark 10-year Treasury yield and not the federal funds rate to bring down borrowing costs is the ...
Bank of England cuts interest rates to 4.5% and slashes UK growth forecast
The Bank says the UK economy will grow by 0.75% in 2025, down from a previous forecast of 1.5%, while inflation is expected to rise.
Trump's focus on 10-year Treasury yield to cut borrowing costs raises curiosity - and problems
Federal Reserve Chair Jerome Powell may be breathing easier now that the Trump administration intends to focus on the 10-year Treasury yield, instead of rate cuts, to lower borrowing costs. But for ...