The Latest Breaking News from Interest Rates

Former Treasury Secretary Larry Summers argues that high interest rates are contributing to people's gloomy economic mood. Sentiment may improve, though, if the Federal Reserve begins to cut rates.

The dollar index (DXY00 ) on Wednesday rose by +0.13% and posted a 1-week high. Weakness in stocks on Wednesday has boosted liquidity demand for the dollar. Also, hawkish comments Wednesday from Fed Presidents Williams, Bostic, and Collins undercut precious metals when they said they favored waiting before cutting interest...

Lumber is a critical industrial commodity as it is an infrastructure building block and a crucial ingredient in new home building. The path of interest rates over the coming months is essential for lumber prices.

A new economic paper explains why interest rates are the missing piece to understanding why people are unhappy about a seemingly strong economy.

The Toronto-Dominion Bank (TD) and Canadian Imperial Bank of Commerce (CM) are scheduled to release their first-quarter 2024 financials on February 29. We have assessed these bank stocks’ fundamentals to determine whether investors should consider adding them to their watchlist ahead of earnings. Read more to find out….

A key monthly inflation indicator is expected to inch a little higher but such a result is unlikely to worry the Reserve Bank as it ponders interest rates.

The dollar index measures the U.S. currency against the other leading reserve currencies. The euro has the highest exposure at 57.6%. Interest rate differentials are the most significant factor for the path of least resistance of the dollar index.

The home improvement market is experiencing a surge, driven by increasing disposable income, high home interest rates, and a desire to enhance living spaces. Given this backdrop, fundamentally strong home improvement stocks Builders FirstSource (BLDR), JELD-WEN Holding (JELD), and Snap-on (SNA) could be solid buys for this month and beyond.…

PIMCO predicts US government debt will drive up long-term yields, impacting interest rates and the economy.