The Bank of England’s Monetary Policy Committee (MPC) voted 6–3 to maintain its Bank Rate at 5.25%. This marked the second consecutive MPC where the rate was not increased – the rate is at its highest level in 15 years. The three dissenting MPC members sought to...
The Federal Reserve kept its finger on the pause button and opted against a new rate hike. The central bank’s policymaking Federal Open Market Committee unanimously approved this decision. In a statement, the Committee said it would maintain the target range of the...
More than one-third of Canadians with a mortgage will have to make changes to their financial situation — including housing and employment – if the Bank of Canada enacts another rate hike, according to a survey from the personal finance site WealthRocket. The survey...
The Federal Reserve announced another hike in the federal funds rate that brings it to a 22-year high. The central bank’s policymaking Federal Open Market Committee (FOMC) voted unanimously on a quarter-percent increase that brings the rate range to 5.25% to 5.5%. In...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
