Wall Street arrested its slide on Friday despite stronger US inflation likely to trigger a rate hike this week. Follow the day's events and insights from our business reporters on the ABC News live markets blog.
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Wall Street arrested its slide on Friday despite stronger US inflation likely to trigger a rate hike this week. Follow the day's events and insights from our business reporters on the ABC News live markets blog.
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Competition in the mortgage market is heating up as banks compete for fewer customers by cutting home loan rates, while economists expect the Reserve Bank to hike interest rates.
The 10-year Treasury yield is closing in on 5%, a level last touched in October 2023. Strategists say the drivers behind higher yields are more important.
The ECB’s decision was largely priced in before it was announced, but mortgage rates could rise further across the eurozone’s biggest economies as banks respond to persistent inflation and elevated market rates.
Stocks came under pressure last week as surging oil prices and bond yields stoked renewed concerns about inflation and the Fed's next move.
Iran war and turbulent global bond markets add to pressure as rate decisions loom this week in major western economies Economics viewpoint: perilous UK economic conditions trace back to Trump Central bankers in…
Mental health is a growing political and social priority in Europe, including suicide prevention, and the numbers have been slightly falling across the EU. However, member states are not affected equally.