LONDON: Britain’s labor market showed signs of weakening ahead of this month’s increase in a tax on employers, data released Tuesday showed. However, strong wage growth persisted, complicating the Bank of England’s efforts to curb inflation. Financial markets indicate a 90% chance of a quarter-point interest rate cut when policymakers meet in early May, followed by…
All posts tagged interest rates
Navigating the Shifting Sands of Interest Rates in Real Estate Investment
The landscape of real estate investment is ever-changing, and recent signals from the Federal Reserve suggest that this fluidity will continue. As investors, it’s crucial to understand that the dynamics of interest rates, as discussed in the Federal Open Market Committee (FOMC) meetings, do not guarantee a predictable rise in property values. Instead, a strategic…
DNB adjusts interest rates on home mortgages
OSLO, NORWAY: The Norwegian central bank, Norges Bank, Thursday raised the key policy rate by 0.25 percentage points. DNB has today decided to increase the interest rate on home mortgages by up to 0.25 percentage points. “Norges Bank’s key policy rate increase marks the end of an historical period with zero interest rates. We are…