Federal Reserve keeps interest rates unchanged for the second consecutive meeting
Federal Reserve Keeps Interest Rates Steady Amid Economic Uncertainty On Wednesday, Federal Reserve Chairman Jerome Powell announced that interest rates would remain unchanged for the second consecutive meeting. This decision follows three rate cuts in the latter half of 2025. The current benchmark interest rate is set between 3.5% and 3.75%, influenced by ongoing conflicts […]
Central Bank decides on interest rates — and Trump will be unhappy with it
Federal Reserve Decides on Interest Rates The U.S. Federal Reserve has made a decision regarding interest rates, and it seems President Donald Trump might not be pleased with it. The governors opted to maintain overnight bank rates at their current levels, which sit between 3.5% to 3.75%. This decision came despite calls to lower rates. […]
Central Bank Keeps Interest Rates Unchanged
The US Federal Reserve (Fed) opted to maintain its short-term interest rate target during a recent meeting. The decision to keep the benchmark federal funds rate steady at 3.5% to 3.75% was made with an 11-1 vote. Notably, Fed Director Steven Milan, who stepped in last year for an unanticipated vacancy, was the sole dissenting […]
March FOMC: Fed maintains current interest rates
Federal Reserve Decides to Maintain Interest Rates The Federal Reserve announced that it will keep interest rates steady, a decision made during their latest Federal Open Market Committee (FOMC) meeting. This announcement comes amidst a declining labor market and rising uncertainty linked to the ongoing situation in Iran. The Fed has decided to maintain the […]
Trump seeks lower interest rates from the Fed, but his conflict with Iran is creating obstacles.
Amid ongoing tensions with Iran, President Donald Trump is increasingly vocal about his desire for the Federal Reserve to lower interest rates. If there was ever a critical moment for such cuts, it would likely be in the wake of the current conflicts, which have pushed oil prices up and reignited inflation fears, complicating the […]
Australia’s central bank raises interest rates to a nearly 1-year high due to inflation concerns from the Iran war
Australia’s Central Bank Increases Benchmark Interest Rate On Tuesday, the Reserve Bank of Australia (RBA) lifted its benchmark policy rate for the second consecutive time, now reaching 4.1%. This marks the highest point since April 2025, amid ongoing inflation concerns. The recent 25 basis point increase aligns with analyst projections from a Reuters survey. Australia’s […]
Gold prices in India: Rates on March 13
Gold Prices Increased in India On Friday, gold prices in India saw an uptick, based on data from FXStreet. The price for gold climbed to INR 15,250.35 per gram, moving up from INR 15,143.88 the day before. In terms of tola pricing, gold rose to Rs 177,877.00 from Rs 176,635.30 the prior day. Unit Measurement […]
Mortgage rates increase to 6.11%
Mortgage Rates on the Rise This week, mortgage interest rates have seen an uptick, according to Freddie Mac. Their latest Primary Mortgage Market Study indicated that the average interest rate for a 30-year fixed mortgage rose to 6.11%, up from 6% the prior week. To put that in context, a year ago, the average rate […]
MLB pitcher chooses Diamondbacks instead of Padres because of California’s tax rates
Merrill Kelly Returns to Diamondbacks for 2026 Season Merrill Kelly will don the Arizona Diamondbacks uniform once more when the 2026 season kicks off. After a stint with the Texas Rangers last year, where he appeared in ten games, he has decided to rejoin the Diamondbacks. Initially, Kelly spent seven years with Arizona before the […]
Mortgage rates fall below 6% for the first time since 2022
Mortgage Rates Dip Below 6% This week, average long-term mortgage rates in the U.S. fell below 6% for the first time since late 2022. This is certainly welcome news for those looking to buy homes as the spring buying season kicks off. According to Freddie Mac, mortgage rates for a 30-year fixed-rate mortgage dropped to […]