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Top economist: Buyers and sellers should brace themselves for the 6% mortgage rate reality
Fortune via Yahoo Singapore Finance· 1 day agoMortgage rates won’t be going back down to the historical lows seen throughout the pandemic, the...
Average rate on a 30-year mortgage falls slightly, easing borrowing costs for home shoppers
Associated Press Finance via Yahoo Singapore Finance· 12 hours agoThe average rate on a 30-year mortgage fell slightly this week, providing modest relief for home...
Monthly US consumer prices post first drop in four years as inflation subsides
Reuters via Yahoo Singapore Finance· 16 hours agoU.S. consumer prices fell for the first time in four years in June amid cheaper gasoline and...
Pound hits four-month high on upbeat British GDP, hawkish chief economist
Reuters via Yahoo Singapore Finance· 21 hours agoBritain's economic output rose by 0.4% in May, data from the Office for National Statistics showed,...
ECB to trim rates in Sept and Dec, risks tilted towards fewer cuts, Reuters poll shows
Reuters via Yahoo Singapore Finance· 17 hours agoThe European Central Bank will cut its deposit rate twice more this year, in September and December,...
Prices fell in June for the first time since the start of the pandemic
CNN Business via Yahoo Singapore Finance· 13 hours agoEconomists were expecting a 0.1% monthly increase and an annual gain of 3.1%, according to FactSet...
Inflation will go up regardless of who the next president is, but under Trump’s tariffs it would be...
Fortune via Yahoo Singapore Finance· 1 day ago“It's only the degree to which GDP and inflation are higher under the next president that differs...
The weak yen and ‘Instagram culture’ made tourism Japan’s second-largest export. Not everyone is...
Fortune via Yahoo Singapore Finance· 1 day agoIt’s the first time since the final quarter of 2019 that tourism spending is in second place, notes...
Bank’s chief economist says inflation persistence still a concern
PA Media: UK News via Yahoo News Singapore· 2 days agoThe Bank of England’s top economist has suggested there are still worries about lingering price...
A Nobel-winning economist told us 3 ways a Trump presidency could make inflation worse
INSIDER via Yahoo News Singapore· 2 days agoThey explained why in a letter, and Stiglitz further explained in a Business Insider interview in...