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Inflation

Analysis reveals record high searches for home equity loans due to economic pressures on owners

by Ev Richard
Analysis reveals record high searches for home equity loans due to economic pressures on owners

High prices in the real estate market and the larger economy are leading homeowners to look for ways to leverage their home’s equity. An analysis of Google searches for “heloc,” …

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Categories Technology

Federal Reserve Abandons Predicting an Economic Downturn

by James Odonell
Federal Reserve Abandons Predicting an Economic Downturn

After three years of a global pandemic that sent unemployment surging and plummeting, and a bout of inflation that saw prices grow at their fastest pace since the 1980s, the …

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Categories Politics

What’s Next: The Impact of Low Federal Interest Rates on the U.S. Economy

by Adrian Jhonsan
What’s Next: The Impact of Low Federal Interest Rates on the U.S. Economy

The United States is entering a new economic era as the Federal Reserve hikes its benchmark interest rate. In July 2023, the federal funds effective rate stood above 5% for …

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Categories World

IMF advises BOJ to shift focus from yield control and get ready for future tightening measures

by Craig Fedirighi
IMF advises BOJ to shift focus from yield control and get ready for future tightening measures

TOKYO/WASHINGTON – The Bank of Japan should start preparing for future monetary tightening by moving away from its yield control policy, the International Monetary Fund’s chief economist Pierre-Olivier Gourinchas said …

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Categories Business

Anticipating the Federal Reserve Meeting – Learn What to Expect

by Adrian Jhonsan
Anticipating the Federal Reserve Meeting – Learn What to Expect

WASHINGTON, DC – JUNE 21: Federal Reserve Chairman Jerome Powell testifies before the House Committee on Financial Services June 21, 2023 in Washington, D.C. Powell testified on the Federal Reserve’s …

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Categories World

Here’s why car repair costs have increased by nearly 20% in the past year

by Adesola Mojo
Here’s why car repair costs have increased by nearly 20% in the past year

Michael H | Stone | Getty Images Car repair costs are up almost 20% in the past year, according to the consumer price index — more than six times the …

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Categories Automobile

Here’s why car repair costs have increased by nearly 20% in the past year.

by Adesola Mojo
Here’s why car repair costs have increased by nearly 20% in the past year

Michael H | Stone | Getty Images Car repair costs are up almost 20% in the past year, according to the consumer price index — more than six times the …

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Categories Automobile

Fiscal 2025: Japan Anticipates Reduced Deficit Yet Primary Balance Target Remains Unfulfilled

by Craig Fedirighi
Fiscal 2025: Japan Anticipates Reduced Deficit Yet Primary Balance Target Remains Unfulfilled

Japan expects a smaller-than-projected primary balance deficit of ¥1.3 trillion ($9 billion) in fiscal 2025 due to increased tax revenue, though returning to a surplus will likely not come until …

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Categories Business

Gold prices remain range-bound leading up to the US Federal Open Market Committee (FOMC) decision next week.

by Craig Fedirighi
Gold prices remain range-bound leading up to the US Federal Open Market Committee (FOMC) decision next week.

The metal benefited from the peak rate narrative being pushed by the markets as inflation readings in the US, Australia, New Zealand, and the UK came in short of forecast, …

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Categories Business

Doubts Surround Markets Over BOJ’s Potential Policy Change

by Craig Fedirighi
Doubts Surround Markets Over BOJ’s Potential Policy Change

Despite inflation staying well above the Bank of Japan’s 2% target, financial markets are skeptical about whether the central bank will make any changes to its ultraeasy monetary policy at …

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Categories Business
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