Housing’s ‘great slowdown’ is here, as mortgage originations and spending fall, Bank of America says
admin A “great slowdown” is happening in the U.S. housing market, a new report from Bank…
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Bank of Japan needs to continue with monetary easing ‘steadfastly,’ official says
TOKYO — Bank of Japan Deputy Gov. Masayoshi Amamiya on Thursday renewed his promise to…
Read More‘John Dillinger lives!’ Serial bank robber stuck up 10 banks just months after being released from a 20-year stint for robbing banks
If at first you don’t succeed. A serial bank robber sentenced on Tuesday is headed…
Read MoreThe global economy may soon be teetering on the edge of a recession, IMF says
The global economy is facing the possibility of a severe downturn that would rank in…
Read MoreRussia’s central bank cuts key rate for fifth time as inflation eases
Russia’s central bank lowered its key interest rate for a fifth time since early April,…
Read MoreEuropean Central Bank lifts rates by half point as it delivers first hike in 11 years
The European Central Bank, responding to fears of runaway inflation, delivered its first rate hike…
Read MoreEuropean Central Bank hikes interest rates by 50 basis points, approves anti-fragmentation tool
The European Central Bank on Thursday lifted interest rates by 50 basis points, or half…
Read MoreBank of Japan keeps rates pat, sees inflation hitting 2.3% this fiscal year
TOKYO — The Bank of Japan said Thursday that inflation would likely rise above the…
Read More10-year Treasury yield dips back below 3% as traders await European Central Bank decision
U.S. bond yields fell on Wednesday, sending the 10-year back below 3%, as market volatility…
Read MoreChina’s central bank maintains benchmark rates despite rising risks
China’s central bank Wednesday kept its benchmark lending rates unchanged, in line with market expectations,…
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