EconomyUnited States
Borrowing Costs Climb as Mortgage Rates Hit 3-Year High
Mortgage rates hit a three-year high of 7.40% as the Fed signals more hikes, straining household budgets for homes and cars.
—5 min read
Tag
#Interest Rates
40 articles
EconomyUnited States
U.S. Adds Just 29,000 Jobs as Labor Market Loses Steam
U.S. employers added only 29,000 jobs in September, unemployment rose to 4.2%, and wage growth hit a five-year low, casting doubt on a Fed rate hike.
—6 min read
BusinessEconomy
Bond Yields Hit Two-Decade High as Oil Swings on Iran
U.S. Treasury yields surged to two-decade highs while oil prices swung on conflicting U.S.-Iran headlines, deepening a global bond selloff.
—6 min read
Economy
How the Fed's Interest Rate Actually Works
The Fed just raised rates for the first time since 2023. Here's how its key tool shapes inflation, borrowing costs, and your pocketbook.
—5 min read
EconomyInternational
Fed Hikes Rates for First Time in Three Years
The Federal Reserve raised interest rates 25 basis points to 3.75%-4%, its first hike since 2023, as inflation and oil prices stay elevated.
—7 min read
EconomyPolitics
Fed Weighs First Rate Hike Since 2023
The Federal Reserve is expected to raise interest rates Wednesday for the first time since 2023, defying President Trump's demands for cuts.
—5 min read
EconomyPolitics
Fed Rate Hike Odds Near 90% After Hot CPI Report
Rate hike odds climbed to nearly 90% after a hotter-than-expected August CPI report, setting up a politically fraught Fed decision before the midterms.
—7 min read
Economy
August Inflation Ticks Up, Teeing Up a Fed Rate Hike
U.S. inflation rose 0.4% in August as a hotter-than-expected core reading strengthened the case for a Federal Reserve rate hike next week.
—6 min read
Economy
Fed Chair Warsh Signals Rate Hikes as Inflation Persists
Fed Chair Kevin Warsh signals rate hikes may be needed as inflation stays elevated, sending bond yields higher and markets bracing for September.
—7 min read
Economy
China's Central Bank Sharpens Monetary Policy Precision
China's central bank expands price-based tools, narrows interest rate corridor, and adds overnight reverse repos for more precise liquidity management.
—5 min read
EconomyCanada
Canada GDP Grows 0.5% in Q2 as Per-Capita Decline Continues
Canada's economy grew 0.5% in Q2 2024, but GDP per capita fell for the fifth consecutive quarter, underscoring a per-capita recession.
—5 min read
Finance
China's LPR Holds Steady for 15 Months as Policy Shift Looms
China's LPR stays unchanged for 15 months. Analysts expect rate cuts and RRR reductions in Q3-Q4 as the PBOC shifts toward structural tools.
—5 min read
Economy & Finance
China Keeps Loan Prime Rates Unchanged for 15th Month
China's central bank holds benchmark lending rates steady for a 15th consecutive month as 1-year LPR stays at 3.0% and 5-year-plus LPR at 3.5%.
—4 min read
Business & Economy
Treasury Doubles Bond Buybacks to Curb Surging Yields
Treasury doubles long-dated bond buybacks to at least $4 billion per operation, an interventionist shift to lower rates amid a bond market selloff.
—6 min read
Economy & Finance
Belgian Borrowing Costs Hit 14-Year High
Belgium's 10-year bond yield exceeds 3.8%, the highest since 2012, as rising interest costs pressure an already strained federal budget and public debt.
—6 min read
Economy
PBOC Keeps Supportive Stance, More Policy Easing Expected
PBOC keeps supportive monetary policy as July data shows social financing and M2 growth outpacing GDP, with more easing expected.
—5 min read
International Economics
US Debt Nears $40 Trillion as Fiscal Spiral Deepens
US federal debt approaches $40 trillion amid a self-reinforcing fiscal spiral, with trillion-dollar interest costs and foreign investors retreating.
—6 min read
Economy
Wholesale Inflation Slows as Gas and Food Costs Fall
Wholesale price inflation slowed in July as gas and food costs fell, giving the Federal Reserve more room to hold rates steady at its September meeting.
—5 min read
Economy
July Inflation Cools to 3.4%, Offering Fed Reprieve on Rates
U.S. inflation eased to 3.4% in July, giving the Federal Reserve breathing room as it weighs its September rate decision amid elevated energy prices.
—6 min read
Economy
PBOC Signals Flexibility in Adjusting Monetary Policy Tools
China's central bank pledges comprehensive use and timely adjustment of monetary policy tools, signaling readiness for further easing.
—4 min read
BusinessEconomy
Fed Holds Rates Steady as Warsh Signals Caution on Hikes
The Federal Reserve held rates at 3.50%-3.75% as Chair Kevin Warsh balanced cooling inflation against risks from the Iran conflict and rising oil prices.
—6 min read
EconomyUS Politics
Fed Chair Warsh Under Pressure as Inflation Test Looms
Fed Chair Warsh faces a critical test at the July FOMC meeting as persistent inflation and Iran-driven gas prices test his anti-inflation rhetoric.
—6 min read
Economy
10-Year Treasury Yield Hits Highest Under Trump Second Term
Treasury yield hit 4.7%, highest under Trump, as oil topped $100 on Iran war fears, reigniting inflation and pushing mortgage rates higher.
—5 min read
Finance & Economy
Belgian Savings Rates Rise: Which Banks Offer Best Deals?
Several Belgian banks are raising savings rates to over 3%. But the best deals come with strict conditions. Here's what savers need to know.
—4 min read
Economy
Car Payment Hits Record $777 as Affordability Worsens
The average new car payment hit a record $777 in Q2 2026 as rising prices, high interest rates, and longer loan terms squeeze consumers.
—5 min read
EconomyPersonal Finance
KBC Raises Savings Rate to 3.15%, Topping Belgian Market
KBC increases savings account interest to 3.15 percent, becoming market leader in Belgium. But the offer comes with conditions and limitations.
—4 min read
EconomyFinance
Warsh: Inflation Risks Have Declined in Recent Weeks
Fed Chair Kevin Warsh says inflation risks have declined, citing falling energy prices after the US-Iran deal. He also addressed AI and Fed independence.
—5 min read
FinanceEconomy
ING Boosts Savings Rates to 3.10% After ECB Rate Hike
ING Belgium raises savings rates from July 1, with Tempo Sparen reaching 3.10%. The move follows the ECB's first rate hike in nearly three years.
—4 min read
EconomyFinance
Kevin Warsh Takes Over as Fed Chair: What Changes to Expect
Kevin Warsh takes over as Federal Reserve Chair, bringing shorter statements, hawkish signals, and task forces. Here's what his leadership means.
—5 min read
EducationEconomy
Trump Administration Cuts Student Loan Interest for Auto-Pay
The Trump administration announces a temporary 1% student loan interest rate cut for auto-pay enrollees amid rising delinquencies and a system overhaul.
—4 min read
Business & Economy
Fed Holds Rates Steady in Warsh's First Meeting as Chair
The Fed held rates at 3.5%-3.75% in Kevin Warsh's first meeting as chair. The hawkish dot plot signals potential rate hikes amid 4.2% inflation.
—6 min read
International Economy
Bank of Japan Raises Policy Rate to 1%, Highest Since 1995
The Bank of Japan raised its policy rate to 1%, the highest in 31 years, as it tackles inflation from the Iran war energy shock and a weak yen.
—4 min read
Economy & Finance
PBOC Unveils Rules for Large-Value Certificates of Deposit
China's central bank unveils draft rules for large-value CDs, codifying a 200,000 RMB minimum and adding new pricing benchmarks to strengthen oversight.
—5 min read
Economy
ECB Raises Rates by 25 Basis Points as Inflation Hits 3.2%
The ECB raised interest rates by 25 basis points to combat inflation driven by Middle East tensions, increasing credit costs across the Eurozone.
—4 min read
International FinanceEconomy
Gold Falls Below $4,300 as Rate Hike Fears Overwhelm Demand
Gold prices plunged below $4,300/oz, returning to end-2025 levels, as strong US jobs data and global tightening expectations outweigh geopolitical risks.
—5 min read
EconomyFinance
China Overhauls Deposit and Loan Interest Rate Rules
China's PBOC publishes draft rules overhauling deposit and loan interest rate management, targeting high-interest deposit-taking and penalty rules.
—4 min read
Economy & Finance
Belgian State Bonds and Tak 21 Rates Rise: Guide for Savers
New Belgian state bonds offer up to 2.31% net and Tak 21 products guarantee 3% in year one. We compare costs, taxes, and returns for low-risk savers.
—4 min read
EconomyHousing
Belgian Mortgage Rates Hit 12-Year High: Buy Now or Wait?
Fixed mortgage rates in Belgium reach 4.13%, the highest in 12 years. Expert analysis on whether to buy a home now or wait amid geopolitical turmoil.
—4 min read
EconomyReal Estate
Belgian Mortgage Rates Hit 12-Year High, Adding €30K to Cost
Belgian mortgage rates hit 4.13%, a 12-year high, adding €30,000 in extra interest for homebuyers. Geopolitical tensions and ECB policy drive the surge.
—4 min read
Economy & Finance
Belgian Mortgage Rates at 12-Year High, Costing Buyers €30K
Belgian mortgage rates hit 4.13%, a 12-year high. Homebuyers pay €30,000 more in interest on a typical loan, adding pressure to the housing market.
—4 min read