The Fed's rate cuts will spark a $2 trillion exodus from money market funds, Apollo chief economist says
Money market funds attracted record inflows since 2022. Now, that's set to flow back to the market as rates come down and ...
Reuters on MSN19h
Russian rouble official rate to US dollar hits 100 mark after nuclear doctrine change
MOSCOW, Nov 19 (Reuters) - The official exchange rate of the Russian rouble weakened past 100 to the U.S. dollar for the ...
Fed’s Powell: Rate cuts are still underway, but there’s no hurry
Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested ...
Parts of Great Barrier Reef dying at record rate, alarmed researchers say; "worst fears" confirmed
Parts of the Great Barrer Reef have suffered the highest coral mortality on record, Australian researchers say, and they fear ...
Australia central bank pondered scenarios for rate changes at Nov meeting
Australia's central bank said on Tuesday that there was no immediate need to change interest rates, having left them steady ...
Philippines Rate Swaps Market Begins With One-Month Trades
Trading of interest-rate swaps began in the Philippines Monday with counterparties starting to quote prices via instant ...
Average Rate on 30-Year Mortgage Drops Slightly After 6 Weeks of Increases
Mortgage rates on a 30-year home loan have fluctuated throughout the year, reaching a peak of 7.22 percent in May. In late ...
Mortgage Rates Aren’t Moving in the Same Direction as the Federal Funds Rate—Here’s Why
Mortgage rates aren’t directly tied to the federal funds rate like savings and CDs. Instead, they’re tied to the 10-year ...
Mortgage Rates Today, Nov. 18: Median Rate Rises to 6.99%
The current median interest rate is 6.99% for a 30-year fixed-rate mortgage and 6.25% for a 15-year fixed-rate mortgage ...