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Rate-cut

30-year mortgage rates drop from last year to 6.53%

The average 30-year fixed mortgage rate has dropped by 36 basis points compared to last year, offering a glimmer of hope and tangible savings for potential homebuyers despite ongoing short-term market volatility.

01 Jun 2026-11:13
Sri Lanka rate decision surprises markets as rupee slides

Sri Lanka's central bank shocked financial markets on Tuesday after raising its policy interest rate by a substantial 100 basis points, marking the largest increase in three years.

26 May 2026-12:44
ECB’s Schnabel signals possible rate hike amid Iran war shocks

26 May 2026-11:22
Gold heads for second weekly drop on inflation concerns

22 May 2026-15:24
Georgia ready to tighten abortion laws after church calls for stricter rules

Georgian Prime Minister Irakli Kobakhidze has said the government is ready to discuss tightening abortion legislation in consultation with the Georgian Orthodox Church, following a controversial sermon by Patriarch Shio III in which he described abortion as a “grave sin”.

21 May 2026-12:25
US dollar hits six-week high on rate hike bets, war fears

20 May 2026-16:38
ECB signals possible rate hike as oil pushes inflation up

14 May 2026-11:02
Norway raises rates for first time since 2023

Norges Bank has delivered Western Europe’s first interest rate hike since the outbreak of the Iran war, opting for immediate action to address persistently high inflation.

07 May 2026-13:36
Recent inflation data was 'bad news,' Fed's Goolsbee says

02 May 2026-23:40
Bank of England holds rates, flags inflation risks ahead

The Bank of England on Thursday kept its policy interest rate unchanged at 3.75%, warning that the ongoing conflict in the Middle East has made the outlook for global energy prices “highly uncertain.”

30 Apr 2026-16:41

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