Latest News for: Rate rises

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Five million mortgage borrowers face their monthly repayments rising by �240, the Bank of England warns

This is Money 07 Dec 2023
The report highlighted that while households had so far proved 'resilient' in coping with rising rates, many on fixed term deals had not yet felt the full force of higher borrowing costs. However it suggested the impact of higher interest rates on the most badly affected now looks slightly less severe than previously thought.
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US oil prices slide below $70 a barrel; mixed day for global stocks

Tyler Morning Telegraph 07 Dec 2023
... to counter rising US production ... Shanghai fell, with sentiment dented after Moody's on Tuesday warned it had downgraded its outlook for China's credit rating owing to the country's rising debt levels and concerns over its battered property sector.- Key figures around 2140 GMT -.
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USD/JPY Forecast: BoJ Pivot Chatter and US Jobless Claims in Focus

FX Empire 07 Dec 2023
Uncertainty about the timing of a Bank of Japan pivot from negative rates lingered on Wednesday ... The USD/JPY fell to a low of 146.894 before rising to a session high of 147.498 ... This week, commentary surrounding Bank of Japan plans to exit negative rates continued to draw investor interest ... DXY Rises Amid Labor Market Uncertainties, Rate Cuts.
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More students ‘comfortable’ sharing mental health conditions in Ucas application

AOL 07 Dec 2023
“It is very concerning to see that the entry rate gap to higher education ... “These very significant numbers reflect what we are hearing in schools and colleges which is that the rate of mental health issues has been rising for some time and continues to do so.”.
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Group pushes for new criminal justice reform as state's incarceration rate rises

Lebanon Reporter 06 Dec 2023
OKLAHOMA CITY — A grassroots movement in Oklahoma is underway to reshape criminal justice by improving crime prevention programs and developing better alternatives to incarceration, supporters say ... .
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Newsable: Rates rises higher because Three Waters was axed, mayors say

Stuff 06 Dec 2023
Newsable. Three Waters would have spread costs over a longer timeframe, and avoided the sharp rates spikes being suggested now ....
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Unemployment rate rises to 4.8% in November - CSO

RTE 06 Dec 2023
The country's unemployment rate rose to 4.8% in November, up from a revised rate of 4.7% in October, new figures from the Central Statistics Office show today. The jobless rate stood at 4.5% in November last year ... Today's figures also show that the youth unemployment rate rose to 12.8% in November from a revised rate of 12.6% in October.
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Mortgage rates at 4-month low

Orange County Register 06 Dec 2023
Mortgage rates fell to the lowest level in almost four months last week, spurring the biggest demand for refinancing since February. The contract rate on a 30-year fixed mortgage decreased 20 basis points to 7.17% in the week ended Dec ... San Diego home prices rising 2nd fastest in the nation ... Mortgage rates fall for 4th week after rising for 7.
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Kochie

The Daily Mail 06 Dec 2023
Finance expert David Koch is recommending Australians buy a property in a smaller capital city or invest in healthcare shares as rate rises stall the economy during a cost of living crisis ... The Reserve Bank is expecting inflation to remain above its two to three per cent target until late 2025, which means interest rates could still rise.
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Stock markets rise on rate-cut hopes, oil slumps

Tyler Morning Telegraph 06 Dec 2023
Equity investors digested data pointing to a softening US labour market, rekindling hopes of a Fed rate reduction ... Shanghai fell, with sentiment dented after Moody's on Tuesday warned it had downgraded its outlook for China's credit rating owing to the country's rising debt levels and concerns over its battered property sector.

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