The EUR/USD exchange rate pulled back and crossed a key support level after the US released mixed economic numbers last week.

Many analysts still expect two rate cuts between now and the end of 2025, one in August and one in November, to bring the base rate down to 3.75 per cent. Rob Clarry, investment strategist at Evelyn Partners, noted the markets still felt that way too: “Traders continue to expect two further 25 basis point interest rate cuts this year.”

In 2021, we saw mortgage interest rates between 2% and 3% — some of the lowest rates we've ever had on record. Even now, mortgage rates hover around 7% for a 30-year conventional mortgage loan.

The latest CPI report showed that falling energy prices pushed annual inflation down to 5% in March. Inflation is cooling faster than analysts had expected, but even today's comparatively low 5% is...

Market rates currently priced in an 82 per cent chance of an interest rate cut in August before inflation data arrived, though that had lowered slightly from last week following Israel’s missile attack on Iran. Higher oil prices are generally seen as inflationary, though can lead to lower spending power for consumers too.

Home equity loan rates could drop. If the Fed cuts its benchmark rate, experts say you could expect home equity loan rates to fall. "A Federal Reserve rate cut would certainly be a game-changer ...

JPMorgan CEO Jamie Dimon said that accurate economic forecasts are a challenge because key shifts are apparent only in hindsight, citing tariffs and trade uncertainty, worsening geopolitical conditions, high fiscal deficits and elevated asset prices, Reuters reported June 15.

Regional lender Huntington Bancshares on Friday raised its annual interest income forecast, betting on robust loan growth and lower deposit costs.