Summers Warns of ‘Massive Inflation Psychology’ From Trump Rates Bloomberg Trump Wants Lower Rates. Firing Powell Could Push Them Higher. The New York Times Why Trump’s push for a 1% Fed policy rate could spell trouble for US economy Reuters How an inflation uptick and Trump’s pressure complicate the Fed’s interest rate decision PBS Stocks sell off as investors see Trump’s inflation ‘pipeline’ forcing …
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Sudan’s children face growing threat of deadly infectious diseases as vaccination rates halve | Global development
Children in Sudan, caught up in what aid organisations have called the world’s largest humanitarian crisis and threatened by rising levels of violence, are increasingly vulnerable to deadly infectious diseases as vaccinations in the country plummet. In 2022, more than 90% of young children in Sudan received their routine vaccinations. But that figure has nearly halved to 48%, the lowest …
Read More »Weekly mortgage demand plummets 10%, as rates and economic concerns rise
Victor Becerra surveys his property located next door to a recently sold property on Wapello St. in Altadena, CA on June 4, 2025. Robert Gauthier | Los Angeles Times | Getty Images Renewed concerns over tariffs and the broader economy drove Treasury yields higher last week, and mortgage rates followed. As a result, total mortgage application volume dropped 10% last …
Read More »Mortgage Applications Today: Home Loan Demand Falls by 10% After Mortgage Interest Rates Rise – Realtor.com
Mortgage Applications Today: Home Loan Demand Falls by 10% After Mortgage Interest Rates Rise Realtor.com Weekly mortgage demand plummets 10%, as rates and economic concerns rise CNBC TABLE-Mortgage Bankers’ Assn. Weekly Applications Survey TradingView US Home Purchase Applications Fall After Prior Week’s Surge Bloomberg.com Mortgage Madness: How the MBA Index Could Be Your Sector Rotation Secret Weapon AInvest Source link
Read More »How the Fed sets rates — and why Powell can't do what Trump wants alone – Axios
How the Fed sets rates — and why Powell can’t do what Trump wants alone Axios How an inflation uptick and Trump’s pressure complicate the Fed’s interest rate decision PBS Why Trump’s push for a 1% Fed policy rate could spell trouble for US economy Reuters Inflation Crushes Hopes That Federal Reserve Will Cut Interest Rates in July Investopedia Trump Reacts to Inflation News …
Read More »Trump tariffs push up inflation despite pressure on Fed to cut rates – Politico
Trump tariffs push up inflation despite pressure on Fed to cut rates Politico Here’s how Trump’s tariffs could be impacting prices for US consumers CNN Rising Inflation Underscores Risks in Trump’s New Tariff Threats The New York Times Inflation picks up again in June, rising at 2.7% annual rate CNBC Inflation heats up in June as President Trump’s tariffs start to bite NPR Source link
Read More »Trump continues attacks on Federal Reserve chair as he demands lower interest rates – live updates | Trump administration
Trump continues attacks on Federal Reserve chair Donald Trump has continued his attacks on Federal Reserve chair Jerome Powell today, calling him a “stupid guy” and a “knucklehead”. He told reporters at the White House earlier: We have a bad Fed chairman, really bad … I tried being nice to the guy. It doesn’t help. He’s like a knucklehead. No, …
Read More »Bank of England prepared to cut rates if job market slows, says governor
The Bank of England is prepared to make larger interest rate cuts if the job market shows signs of slowing down, its governor has said. In an interview with the Times, Andrew Bailey said “I really do believe the path is downward” on interest rates. Interest rates currently stand at 4.25% and will be reviewed at the Bank’s next meeting …
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