Federal Reserve Bank of Philadelphia President Patrick Harker said higher interest rates are making it more challenging for first-time home buyers by raising borrowing costs and limiting inventory, which is also leading to higher home prices.
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Fed's Harker says high interest rates closing off housing for new buyersPhiladelphia Federal Reserve President Patrick Harker said on Monday the current level of interest rates has nearly killed off access to the housing market...
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UBS pushes out S&P 500 mid-2024 target forecast to year-endFirm expects higher-for-longer U.S. interest rates
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These B.C. grizzlies face record North American death ratesB.C.'s Elk Valley is home to 0.6 per cent of the province's grizzlies but accounts for a third of grizzly roadway deaths and more than 40 per cent of grizzly rail collisions, a new study found. Researchers say it's time to step up conservation efforts.
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ECB Seen Preserving Peak Rates Until Second Half of Next YearThe European Central Bank won’t lower interest rates until September 2024, according to a new poll of economists — suggesting the message from policymakers that cuts won’t come soon is sinking in.
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Posthaste: Cooling housing market could spur Bank of Canada to cut rates sooner, says economistBank of Canada could cut interest rates quicker than expected as higher borrowing costs chill housing market, says economist. Read more
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Israeli lawmaker urges cbank to lower rates amid conflictExplore stories from Atlantic Canada.
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