The chairman of the Federal Reserve Jerome Powell, in a wide speech at Harvard University, said on Monday that he sees inflation expectations established despite the rise in energy prices so the central bank does not need to respond with higher interest rates. As his term leading the central bank draws to a close, Powell … Read more
Home » GOOD NEWS » Iran Joins Thailand, Malaysia, and Singapore in Slowing Southeast Asian Tourism, With Ongoing Middle East Conflict, Rising Oil Prices, and Investor Concerns Threatening Long-Term Growth. Published on March 29, 2026 An image created by Ai Iran’s decline in its share of tourism during the Middle East conflicts of 2026 is … Read more
Average ARMs have started to drop further and are at record lows: FHFA’s National Mortgage Database. By Wolf Richter for WOLF STREET. The extremely low mortgage rates for 2020 to 2022 – the 30-year rate has fallen below 3% as inflation is heading towards 9% – is one of the reasons for this frozen housing … Read more