Interest Rates – Page 3

Middle East Conflict and Rising Energy Costs Push U.S. Mortgage Rates to Year High of 6.58%

Discover how rising Middle East tensions and surging energy costs pushed US mortgage rates to a year high of 6.58 percent, impacting homebuyers.

Prasenjit Bhowmik July 24, 2026

Market

Dollar Rises as Intensifying Middle East Conflict Sparks Interest Rate Hike Expectations

The surging Middle East conflict is driving up energy prices and fueling rate hike fears, causing the US dollar to rise as investors seek safe havens.

Prasenjit Bhowmik July 24, 2026

Economy

U.S. Inflation Pulls Back in June as Gas Prices Drop 9.7% Following Energy Surge

US consumer inflation cooled to 3.5 percent in June as a steep drop in gas prices brought relief and beat Wall Street expectations.

Prasenjit Bhowmik July 24, 2026

Economy

Fed Chair Kevin Warsh Signals Zero Tolerance for Inflation in High-Stakes Congressional Testimony

Fed Chair Kevin Warsh signals a strict hawkish stance on inflation during his high-stakes debut testimony before Congress.

Prasenjit Bhowmik July 24, 2026

Emerging Market

Jamie Dimon Warns Markets of Underestimated Risks, Shuns Stocks and Treasurys at Current Valuations

JPMorgan CEO Jamie Dimon warns that markets are underestimating major risks, revealing why he is avoiding both stocks and Treasurys right now.

Prasenjit Bhowmik July 21, 2026

Economy

BEA Modifies Key Inflation Metrics, Reshaping Federal Reserve’s Policy Outlook

Discover how the BEAs new inflation tracking changes impact the PCE price index and what this means for future Federal Reserve interest rate decisions.

Prasenjit Bhowmik July 19, 2026

Economy

Bank of Korea Hikes Interest Rate for First Time Since 2023 Amid Rising Geopolitical Inflation

SEOUL — The Bank of Korea raised its benchmark interest rate on Thursday for the first time since 2023, taking decisive action to curb accelerating domestic inflation fueled by escalating…

Prasenjit Bhowmik July 16, 2026

Economy

Fed Chairman Kevin Warsh Signals Unyielding Inflation Fight in Congressional Testimony

On Wednesday, newly appointed Federal Reserve Chairman Kevin Warsh pledged to lawmakers during a high-stakes congressional hearing in Washington, D.C., that the central bank will deploy all necessary tools to…

Prasenjit Bhowmik July 15, 2026

Economy

U.S. Inflation Cools in June as Falling Gas Prices Offer Relief

In June 2026, U.S. consumer inflation cooled more than economists anticipated as a sharp decline in gasoline prices offset previous energy-driven spikes, offering temporary relief to households and policymakers alike.…

Prasenjit Bhowmik July 15, 2026

Emerging Market

BofA CEO Brian Moynihan Dismisses Recession Fears Despite Aggressive Fed Rate Hike Forecasts

On Wednesday, Bank of America CEO Brian Moynihan dismissed mounting Wall Street recession fears during an interview on the New York Stock Exchange floor, arguing that the resilient U.S. economy…

Prasenjit Bhowmik July 15, 2026