June 3, 2025

inflation

Finance

Finance ministry identifies seven economic challenges in medium term, expects gradual recovery

The finance ministry expects the economy to recover gradually over the medium term, with real GDP growth expected to reach 6.5% by FY2027-28, driven by stabilising policies and sectoral improvements.  But the government’s efforts to control inflation, enhance productivity, and maintain external sector resilience will be critical for ensuring macroeconomic stability. In its Medium Term

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Finance

CRE Finance Sentiment Tanks As Stagflation Threatens ‘The Worst Of All Worlds’

Markets hate volatility. Since President Donald Trump regained power, the country has seen a ton of it. Commercial real estate finance professionals holding out hope for a semblance of stability to push the Federal Reserve to lower interest rates could be disappointed as tariffs make a near-term rate drop less and less likely, CRE Finance Council President and CEO Lisa Pendergast said.  What’s

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Loans

Californians are late paying 18% of their student loans – The Mercury News

Despite the financial stress of Golden State life, Californians are relatively good at paying bills compared with the rest of the nation. Take student loans. In the first quarter of 2025, 18% of California student loans were late. That may seem like a stunningly high rate of skipped payments, but it’s the 10th lowest delinquency

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Mortgage

Rising Mortgage Rates Aren’t Turning Away These Homebuyers

Homebuyers in today’s market are facing a tough question: buy a house now, or wait until mortgage rates and prices maybe come down? If you buy now, you can start putting money into owning what, for most people, is their biggest asset, but you could be stuck paying a high monthly mortgage rate. On the

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Mortgage

Mortgage Rates Will Remain High Unless There’s a Recession

Bad news for those looking to buy a home: it’s looking like high mortgage rates are here to stay in the months ahead. Mortgage rates have hovered in the 6 to 7% range this year, with the 30-year rate at 6.76% as of last week, according to Freddie Mac. And they’ll stay in that range

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Mortgage

Interest rates to fall at fastest pace since financial crash as more lenders SLASH mortgage rates

INTEREST rates are likely to fall at the fastest pace since the 2008 financial crash, economists are predicting. The Bank of England is widely expected to cut its base rate on Thursday from 4.5% to 4.25%. 1 Mortgage lenders have been slashing interest rates in recent weeksCredit: Alamy This would mark the second rate reduction

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Mortgage

Today’s Mortgage Rates, May 5, 2025

The Federal Reserve is meeting on Tuesday and Wednesday, so we could see mortgage rates fluctuate a bit this week. Fed officials have made it clear that they want to wait and see how tariffs impact the economy before they make any moves, so it’s unlikely they’ll lower the federal funds rate at this meeting.

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Investors

8 Upcoming Days When Investors Will See If Worst Fears Coming to Life

Uncertainty has been the flavor of the month in April on Wall Street. Tariffs of 10% are still in place on most countries, leaving investors wondering about inflation and recession prospects as consumer and business sentiment decline rapidly. President Donald Trump also continues to flip-flop on his most extreme tariff policies almost daily. When will

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Finance

Türkiye committed to prudent, sustainable macroeconomic policies amid global uncertainty: Finance minister

WASHINGTON Turkish Finance Minister Mehmet Simsek said Tuesday that Türkiye remains committed to “prudent, responsible and sustainable macroeconomic policies” in the face of ongoing global economic uncertainty as he reaffirmed the government’s economic program during meetings in Washington, DC. Speaking at an event organized by the Atlantic Council on the sidelines of the spring meetings

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Investors

Gold Price Records Show Investors See It As the Ultimate Safe Haven

Gold is trouncing other assets in 2025. The precious metal’s record-setting year is a sign that investors—racked by uncertainty over tariffs, the economy, and inflation—see it as a place to hide while the broader market stumbles. The price of the precious metal rallied again on Tuesday, with gold climbing as high as $3,506 at midday

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