Mortgage rates have fallen to below 2% in recent years, but interest rates are rising rapidly in Australia as the central bank looks to tame inflation.
Thursday September 29 2022 |
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Australia's house prices fall, interest rates soar but analysts say there's no crash yet |
Mortgage rates have fallen to below 2% in recent years, but interest rates are rising rapidly in Australia as the central bank looks to tame inflation.
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| Shares in the Asia-Pacific fell on Friday morning, the last day of the third quarter, following another sell-off on Wall Street overnight. |
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| Toyota CEO Akio Toyoda said Thursday the company will move forward with plans to offer an array of so-called electrified vehicles for the foreseeable future. |
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| Apple downgrade sparks tech sell-off, sending Alphabet and Microsoft to one-year lows |
Tech stocks sold off Thursday as investors confronted the implications of a weaker economy, demonstrated by Apple. | |
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| Is the Fed on the right track? Wall Street veteran Ed Yardeni says this is what it should do next |
Ed Yardeni, the economist who coined the term "bond vigilantes," gives his take as the U.S. central bank's response to inflation comes under intense scrutiny. |
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