Tag: interest rates
Credit Card Debt Climbs to $1.21 Trillion in Q2
Balances Rise Amid Persistent Delinquencies
U.S. credit card balances increased by $27 billion in the second quarter of 2025, reaching $1.21 trillion, according to the...
Bank of England Cuts Rates Despite High Inflation
Split Decision Reflects Uncertainty on Inflation Trends
The Bank of England has reduced interest rates once again, even as inflation remains well above its 2%...
Stocks Mixed as Fed Holds Rates, Big Tech Gains
Markets React to Fed Decision and Q2 Economic Data
U.S. stocks closed with mixed results on Wednesday after the Federal Reserve decided to leave interest...
UK Job Market Cools as Pay Growth Trails Inflation
Graduate roles and hiring activity decline amid economic uncertainty
Britain’s labour market continues to show signs of cooling, with new data pointing to subdued pay...
Fed Holds Rates Steady as Markets Watch Iran Tensions
Stocks mixed as investors weigh Fed outlook and geopolitics
U.S. markets ended mixed on Wednesday as the Federal Reserve held interest rates steady and investors...
Israel Inflation Slows, But Geopolitical Risks Remain
Israel’s annual inflation rate eased more than expected in May, offering some relief as price pressures cool. However, the conflict with Iran and ongoing...