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Interest Rates

How American drivers are ensuring affordability in car ownership

by Adesola Mojo
How American drivers are ensuring affordability in car ownership

Westend61 | Westend61 | Getty Images Access to personal cars remains important to Americans despite the growing monthly cost of ownership.  The average monthly auto payment reached $733, a new …

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Categories Automobile

While the Dow lost momentum, the U.S. economy remained resilient.

by Adrian Jhonsan
While the Dow lost momentum, the U.S. economy remained resilient.

People shop in a Manhattan store on July 27, 2023 in New York City. Spencer Platt | Getty Images News | Getty Images This report is from today’s CNBC Daily …

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Categories World

A Guide to Purchasing Treasury Bills with Yields Exceeding 5%

by Adrian Jhonsan
A Guide to Purchasing Treasury Bills with Yields Exceeding 5%

Morsa Images | E+ | Getty Images As interest rates reach a more than two-decade high, Treasury bill yields remain well above 5%, as of July 27, providing a competitive …

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Categories World

Analysts anticipate US Fed’s anticipated interest rate hike; RBI anticipated to adopt a balanced perspective

by Craig Fedirighi
Analysts anticipate US Fed’s anticipated interest rate hike; RBI anticipated to adopt a balanced perspective

The 0.25 per cent hike in interest rates by the US Fed was on expected lines, analysts said on Thursday, expecting its Indian counterpart to take a balanced view in …

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Categories Business

Potential Increase in U.S. Regional Bank Failures Anticipated Following Fed Hikes

by Adrian Jhonsan
Potential Increase in U.S. Regional Bank Failures Anticipated Following Fed Hikes

Shark Tank investor Kevin O’Leary predicts the ongoing cycle of U.S. Federal Reserve rate hikes could lead to more regional U.S. bank failures. Fed Chair Jerome Powell said the Fed …

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Categories World

UOB, a Singapore bank, anticipates moderate improvement in NIM following the Fed rate hike

by Adrian Jhonsan
UOB, a Singapore bank, anticipates moderate improvement in NIM following the Fed rate hike

Singapore’s United Overseas Bank is expecting “some upside” in interest income in the next quarter, after the U.S. Federal Reserve announced a fresh rate hike overnight. UOB’s core net profit …

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Categories World

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

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

Robert Shiller predicts the possible end of a decade-long rally in U.S. house prices

by Adrian Jhonsan
Robert Shiller predicts the possible end of a decade-long rally in U.S. house prices

“The fear of interest rate increases has influenced people’s thinking — it’s not just the homeowners, it’s new buyers who wanted to get in before the interest rates went up …

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Categories World
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