Shaktikanta Das tames volatile Rupee with $689 billion in forex reserves
Clamping down on volatility and building up a stockpile of foreign exchange holdings to safeguard the economy in the event of ...
India’s Das Tames Once-Volatile Rupee With $689 Billion Reserves
India’s central bank chief Shaktikanta Das has pulled off a rare balancing act: Clamping down on volatility in the rupee ...
The Fed just made a jumbo rate cut. Here are 5 takeaways on what it means for mortgages and more.
The Federal Reserve made a 0.50 percentage point cut, double the typical reduction. Here's what's behind the decision.
Lenders cut mortgage costs despite Bank decision to freeze base rate
Banks and building societies are lowering their mortgage rates even though the Bank of England voted to hold the base ...
LAist17h
Here are 4 ways the Federal Reserve's big rate cut could change the housing market
After months of anticipation, the Federal Reserve cut interest rates on Wednesday by half a percentage point. That will have ...
Rate cuts won't yield wave of new construction in San Francisco just yet, developers say
High interest rates have stymied new development and investment in San Francisco. Investors and developers say Wednesday's ...
High home prices aren't ‘something the Fed can really fix,' says Federal Reserve chair Jerome Powell
Federal Reserve chair Jerome Powell said the "real issue" behind high prices in the U.S. housing market is a lack of supply, ...
BusinessMirror19h
U.S. Federal Reserve move to reduce policy rates seen to spur larger BSP cuts
THE latest decision of the United States Federal Reserve to reduce policy rates by 50 basis points (bps) may prompt the Bangko Sentral ng Pilipinas (BSP) to implement larger rate cuts. In its latest ...
Fed opens up policy space around the world without feeding panic
It might tempt the European Central Bank to consider lowering rates again next month, for a third time since June.
iowastartingline20h
Fed’s decision to cut interest rates could lower housing costs
The announcement from the Federal Reserve will lower mortgage rates and encourage more building of apartments, which could ...
Fed decision opens the real estate floodgates after four years
"Everybody's happy" about the Federal Reserve's rate cut – at least in real estate – potentially opening the floodgates to ...
What the Fed’s Big Rate Cut Reveals About the Economy
Investors have sent stocks and bonds higher on expectations of a soft landing. But some Republicans think the central bank ...