Darryl Dyck/AP Protests are taking place around the world following Russia’s invasion of Ukraine. Russian President Vladimir Putin’s war on Ukraine could raise global inflation by around 1%, but still slow interest rate hikes by central banks around the world, according to Singapore-based Capital Economics. Capital Economics said there wasRead More →

According to the January 2022 edition of the HousingIQ survey of Kentucky realtors, two in five Kentucky realtors say buyers are racing to beat mortgage rate hikes while realtors’ expectations for price growth housing continues to moderate. Compared to a year ago: • 42% expect house prices to rise –Read More →

Interest rate hikes are on the horizon as inflation in Canada continues to soar. Experts say consumers can expect a slight cooling in the housing market, continued high prices for food and other commodities, and possibly higher wages as well. The annual pace of inflation hit a three-decade high inRead More →

January 14, 2022 at 12:46 PM Have a newsroom tip, press release, local event listing or digital content to share? Send it here. Support our mission by visiting patreon.com/fl1 and become a monthly subscriber. Interest rates are expected to rise this year, and that will impact things like credit cardsRead More →

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Bank of England chief economist Huw Pill said the UK central bank will have to make a “live” decision on interest rates at an upcoming meeting in November. However, Mr Pill added that an upcoming interest rate hike would be “finely balanced”. Mr Pill also raised the possibility of sharpRead More →

Britain’s short-term cost of borrowing hit its highest level in nearly two and a half years, as the City’s prices in a UK interest rate soon rise. The yield, or interest rate, on UK two-year gilts hit their highest level since May 2019 this morning. Two-year gilt yields hit 0.75%,Read More →

Lord Heseltine, who served as Margaret Thatcher’s deputy prime minister, warned Britain was heading for a “wicked” interest rate hike. Speaking to Sky News this morning, he said if he were chancellor, “I would be extremely worried.” The Conservative Party stalwart warned that a series of economic crises would comeRead More →

The Select editorial team works independently to review financial products and write articles that our readers will find useful. We may receive a commission when you click on product links from our affiliate partners. The pandemic has shaken the real estate market and pushed many potential buyers away from homeownershipRead More →