News

Fed's Goolsbee says tariffs could boost inflation quickly, take longer to slow economy
Chicago Federal Reserve President Austan Goolsbee on Tuesday said higher inflation from U.S. import tariffs could become ...
U.S. to Have Slower Growth, Higher Inflation Due to Tariffs, OECD Says
The world economy will lose pace this year, hamstrung by uncertainty stemming from whipsawing U.S. trade policy, according to ...
Chicago Fed's Goolsbee needs to 'wait and see' what tariff impact is on inflation
"We've had a couple of months of quite good economic reports" with inflation coming down. However, those are backward-looking ...
Inflation Slides to 1.9% in Europe, as Worries Shift From Prices to Trump and Tariffs
Inflation in the 20 countries that use the euro fell to 1.9% in May from 2.2% in April, helping clear the way for more ...
Treasury secretary confronts CBS host over past tariff inflation predictions as rates hit 4-year-low
CBS's Margaret Brennan challenged Scott Bessent on Trump's tariffs, as retail giants warn of price hikes despite inflation ...
OECD forecasts a sharp economic slowdown and higher inflation in the U.S., citing tariffs
U.S. economic growth is likely to "slow markedly" this year and next, due to tariffs and uncertainty under the Trump ...
Euro zone inflation eases below ECB target, supporting rate cut bets
Euro zone inflation eased below the European Central Bank's target last month, data showed on Tuesday, underpinning ...
Interest Rate Outlook: What To Expect From The Bank Of Canada
Amid concerns over the impact of tariffs, slowing growth and sticky inflation, BoC will deliver its latest rate decision on ...
Eurozone inflation falls below ECB 2% target in May: Rate cut in sight
Eurozone inflation fell to 1.9% in May, below forecasts, boosting expectations of an ECB rate cut on Thursday. Core inflation ...
Inflation slides to 1.9% in Europe, as worries shift from prices to Trump, tariffs
Lower energy prices helped bring consumer prices in May to below the ECB's 2% target for the first time since September ...
Treasury yields near session highs after Fed's Cook sees tariffs lifting inflation
Yields on U.S. government debt were close to their highest levels of the session on Tuesday after Federal Reserve Governor Lisa Cook indicated recent lower inflation readings could reverse as the ...
HousingWire1h
How will mortgage rates respond to inflation and a potential GSE release?
Action on U.S. tariff policies and a potentially seismic shift in secondary market activity hasn’t caused much movement for mortgage rates.