Category: US interest rates

Bank Failures Highlight Risks of Using ESG in Americans’ Pension Funds

President Joe Biden used his veto power on Monday to block a bipartisan action from Congress that would have prevented pension fund managers from investing retirees’ money according to environmental and social-justice criteria. “There is extensive evidence showing that environmental, social, and governance factors can have a material impact on markets, industries, and businesses,” Biden…


Over 60 Percent of Americans Blame Biden Administration for Red-Hot Inflation

A majority of Americans, 61 percent, blame the Biden administration for soaring inflation, which is currently at a 40-year-high, according to a new survey published by WalletHub on July 20. The survey was conducted online from July 4 to July 8 to gauge what people know about the interest-rate increases by the Federal Reserve (Fed) and how they impact consumers’…


Traders Bet the Fed Will Announce Smaller Interest Rate Hike as Economic Signals Weaken

Investors are increasingly betting on a 75-basis-point hike by the Federal Reserve at its July meeting, after almost two-thirds had predicted an increase of 100 basis points only a few days prior. During the week starting July 11, the markets briefly anticipated that the central bank would raise interest rates by a full percentage point….


Fed Could Cut Interest Rates Early Next Year, Analysts Say

The U.S. bond market on June 29, moved to price in an anticipated move by the Federal Reserve to cut the interest rate by a half-point in early 2023, after traders predicted that a likely recession would eventually force the central banks to slow down its aggressive tightening policies. The Fed and other central banks around the world…


Commercial Property Sales Slowed in Spring 2022 as Rising Interest Rates Deterred Buyers

The U.S. commercial real estate market slowed down for the first time in 13 months, as rising interest rates and inflation caused worries throughout the industry. Commercial property sales for April fell 16 percent from the same month in 2021 to $39.4 billion, according to an MSCI Real Assets report last month. In contrast, total…


Mortgage Applications Fell 6.3 Percent Last Week as Interest Rates Rise

Demand for mortgage applications in the United States fell by 6.3 percent on a seasonally adjusted basis last week, according to the Mortgage Bankers Association (MBA) survey for the week ending April 1. The Refinance Index decreased 10 percent from the previous week and was 62 percent lower than the same week one year ago, as…


Federal Reserve Indicates Plan to Hike US Interest Rates in March

The Federal Reserve signaled on Jan. 26 that it will likely raise U.S. interest rates in March for the first time in more than three years in an effort to tighten monetary policy. The Fed’s rate-setting Federal Open Market Committee (FMOC) had been deliberating on how to refocus the Fed’s monetary policies in a two-day…


Chinese Regulator Attempts to Calm Housing Bubble Before US Raises Interest Rates

News Analysis Following a recent warning from China’s top banking regulator about a possible bubble in the Chinese housing market, mainland Chinese media company ARCHINA published an editorial emphasizing the communist regime’s concerns and the need to enforce tighter regulations. The move comes after U.S. policymakers announced raising interest rates by the end of 2023….