Hence the low rates ... cut to near 0% again, causing savings rates to again crash”, Peterson said. Rates remained low until March 2022 when the Fed began its current cycle of interest rate ...

The CPI soared to a 40-year high of 8% in 2022, triggering one of the most aggressive campaigns to hike interest rates ... declines in the chart (rather than the rate cuts themselves).

The median interest rate on a 30-year fixed-rate mortgage is 6.99% as of November 7, which is 0.11 percentage points higher ...

The Federal Reserve made a splash last month by cutting back its benchmark interest rate—officially snapping a streak of 11 ...

Data earlier this week showed inflation by the Fed's targeted measure running at 2.1% in September, just a notch above its 2% ...

Lately the narrative has focused on why our central bank can’t cut interest rates ... to August's 2.5% increase, that’s still a move in the right direction. In the above chart, you’ll ...

The central bank said future cuts would be gradual amid higher inflation forecasts after the new government introduced ...

“This has contributed to the increase in the employment-to-population ratio by 0.1 percentage point, and 0.4 percentage points over the past year, to a new historical high of 64.4% ...

As we can immediately see, the Nuveen Floating Rate Income Fund has a higher yield than most of its peers, which will likely increase ... by expectations of interest rate cuts.

Meanwhile, an uptick in unemployment can have a silver lining: As inflation slows and jobless numbers increase ... unemployment rate is high, the central bank will often cut interest rates ...

Today’s 50-basis point rate cut is far more aggressive. Partially a reaction to a 1.6% annual inflation rate increase in September ... Canada’s mortgage rate history includes some breathtaking ...