Finance
US Mortgage Rate Climbs to 6.53%, Highest in Nine Months
The average long-term U.S. mortgage rate rose to 6.53% this week, its highest in nine months, posing a setback for prospective homebuyers.
#Inflation 73 articles
Markets
Gold Falls Under $4500 Amid Rate Hike Fears
Gold prices dropped below the $4500 mark on Wednesday, extending previous losses as investors weighed inflation concerns and potential interest rate hikes.
Finance
BOJ Faces Call for Outsized Rate Hike Not Seen Since 1990
Mizuho Financial Group CEO Masahiro Kihara has suggested the Bank of Japan consider an outsized interest-rate increase to combat inflation, a move...
Economy
Gold Holds Loss as US-Iran Deal Hopes Contend With Inflation Fears
Gold held losses as fresh Persian Gulf clashes tempered US-Iran peace deal prospects, reinforcing concerns that inflation could keep interest rates elevated....
Economy
Gold Dips as Hormuz Strikes Cloud Iran Talks, Fuel Inflation Fears
Gold fell 0.7% to $4,540 an ounce after US strikes in the Strait of Hormuz tempered Iran talks optimism, keeping inflation risks...
Investing
Treasuries Climb as Iran Deal Hopes Ease Inflation Fears
U.S. Treasuries rallied across the curve, with yields falling, as investors grew more optimistic about a potential US-Iran deal, easing inflation expectations....
Stocks
Dollar Retreats as Consumer Sentiment Hits Record Low
The dollar index reversed early advances Friday, pressured by a record low in US consumer sentiment and a rally in stocks, despite...
Economy
US Teens Face Toughest Summer Job Market Since 1948
Teenage job-seekers are projected to encounter the most challenging summer employment landscape since 1948, driven by inflation and soaring fuel costs. Employers...
Economy
Consumer Sentiment Hits Record Low as Iran Conflict Fuels Inflation Fears
U.S. consumer sentiment plummeted to a new low of 44.8 in May, driven by high gas prices and escalating inflation concerns linked...