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ECB Must Stay Nimble on Rates Because of Weak Economy, Knot Says

(Bloomberg) -- The European Central Bank must stay nimble on interest rates, Governing Council member Klaas Knot said. Most Read...

Analysis-Markets gear up for two wild weeks of elections and rate moves

By Harry Robertson and Naomi Rovnick LONDON (Reuters) - Investors globally are piling into the U.S. dollar and betting on...

US 30-year fixed-rate mortgage rises to 6.54%

WASHINGTON (Reuters) - U.S. mortgage rates increased for a fourth straight week this week, suggesting the housing market could remain...

UBS report says wealthier clients became more cautious about art, sales dropped last year

By Tatiana Bautzer NEW YORK (Reuters) - Global art sales fell 4% last year to around $65 billion, as the...

Lower-priced new cars are gaining popularity, and not just for cash-poor buyers

DETROIT (AP) — Had she wanted to, Michelle Chumley could have afforded a pricey new SUV loaded with options. But when it came time...

Fed’s Daly Says She Doesn’t See Reasons to Stop Cutting Rates

(Bloomberg) -- Federal Reserve Bank of San Francisco President Mary Daly said she expected the US central bank would continue...

Fed’s Logan doubles down on request for rates to be lowered ‘gradually’

Dallas Fed president Lorie Logan reiterated Monday she sees lowering interest rates "gradually," citing an increased risk that the job market could worsen and...

The lucky few Gen Z and millennials who broke into the housing market feel trapped in their starter homes, report says

Many Gen Zers and millennials today are forced to rent (or live with their parents) because of the sheer cost of buying a house—and...

ECB’s Villeroy Seeks Flexibility on Speed, Size of Rate Cuts

(Bloomberg) -- The European Central Bank should remain flexible as it cuts interest rates in response to cooling inflation and a weakening economy, according...

Dollar rides ‘Trump trade’ toward third weekly rise

By Tom WestbrookSINGAPORE (Reuters) - The dollar headed for a third weekly gain in a row on Friday, helped by a dovish European Central...

European Central Bank, seeing no signs of recession, cuts interest rates again

LONDON (AP) — The European Central Bank, which sets interest rates for the 20 countries that use the euro currency, does not expect the...

European Central Bank poised to cut rates again as inflation drops below target

LONDON (AP) — The European Central Bank, which sets interest rates for the 20 countries that use the euro currency, is expected to cut...

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