Historic Interest Rate Hike

Get ready for the impact.

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Topics:  Maine   Penobscot County   Bangor   
BING NEWS:
  • Sri Lanka Cuts Policy Rates To Reduce Inflation And Boost Economic Recovery
    The Monetary Board of the Central Bank of Sri Lanka decided to cut the policy rate by 250 basis points, saying inflation was falling faster than expected ...
    06/1/2023 - 10:19 am | View Link
  • The Fed can’t figure out what’s happening with the job market
    Policymakers at the Federal Reserve signaled last month that they were considering a pause in their 14-month-long regimen of hiking interest rates to cool the economy and bring down inflation.
    06/1/2023 - 6:35 am | View Link
  • UK Mortgage Lending Unexpectedly Falls After Interest Rate Hikes
    UK mortgage approvals fell unexpectedly, and borrowers repaid debt at a historic pace after soaring interest rates increased the cost of serving loans.
    05/31/2023 - 9:45 pm | View Link
  • UK mortgage approvals slump after interest rate hikes
    The BoE also reported that homeowners made the biggest net repayment of mortgage debt on record – if you ignore the pandemic period. Read more: UK house prices fall as interest ...
    05/31/2023 - 7:06 pm | View Link
  • Federal Reserve likely to skip interest rate hike at next meeting in June, officials signal
    Leading Federal Reserve officials are sending out stronger signals that they will forego an interest rate increase at the central bank's next meeting in June, though they indicate hikes could resume ...
    05/31/2023 - 4:42 pm | View Link
  • More

 

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