"We think the UK budget and Mr. Trump's election will boost UK inflation and rates," consultancy Pantheon Macroeconomics told clients in a note on Thursday. The hefty public spending increases in the budget and their expected short-term boost to growth initially prompted...
WASHINGTON (Reuters) - U.S. producer prices increased less than expected in July as the cost of services fell by the most in nearly 1-1/2 years amid signs of diminishing pricing power for businesses, evidence of waning inflation pressures that reinforced hopes of an interest rate cut next m...
Using theBankrate mortgage calculatorand historical mortgage rates from the St. Louis Fed, assuming 20% down with a 30-year fixed mortgage, here is a back-of-the-envelope check. If you bought a median home in 1990, it would cost around $125,000 and you’d have a 10% mortgage rate. ...
(Reuters) -Mexico's headline inflation rate rose again in July, reaching a level not seen in over a year, while the core index showed signs of moderation, according to data released by statistics agency INEGI on Thursday. Annual headline inflation in Latin America's second-...