June 7 – Benchmark 10-year U.S. Treasury yields posted their biggest daily jump in two months on Friday after data showed that U.S. job growth accelerated far more than expected in May, leading traders to pare back expectations that the Federal Reserve could begin cutting interest rates as soon as September. Non-farm payrolls increased by … Read more
Personal loans play an important part in the financial landscape, providing individuals and businesses with the financing they need to fulfill their objectives. Effective loan management, on the other hand, necessitates a complete grasp of the loan lifecycle as well as the use of best practices at each stage. Personal loans are a useful instrument … Read more
“Even compared to gold, silver is beginning to look good. Unlike gold, silver also has some linkage to industrial demand. The US leading indicator on industrial production is also looking good. So, all this put together bodes well for silver,” she says. Barring some legacy stock holdings, about 90% of Mehra’s investments are channeled through … Read more
(Bloomberg) — Credit investors got a dose of economic and geopolitical reality this week as hawkish comments from central bank officials about borrowing costs and tensions in the Middle East sent jitters through debt markets. The pullback was triggered in part by comments from Federal Reserve Bank of New York President John Williams, who said … Read more
(Bloomberg) — European stocks declined for a third straight week due to geopolitical tensions and worries about higher-for-longer interest rates. L’Oreal SA rallied after better-than-expected quarterly sales. The Stoxx Europe 600 Index was little changed by the close, after earlier dropping as much as 0.9%. The index still fell more than 1% on the week. … Read more
The early bird gets the worm The decision to prepay your home loan isn’t just about having surplus cash; it’s about timing. Making additional payments towards your home loan in the initial years can significantly impact the interest you pay over the loan’s life. For instance, Ankush, who took a ₹50 lakh home loan at … Read more
This is believed to be either the last or perhaps second last meeting before the interest rates are eventually slashed after a long hiatus. A Reuters poll predicted that the RBI is expected to cut rates in the Sept quarter. Notably, the banking regulator had raised the repo rates by a cumulative of 250 basis points … Read more
These unions emphasize member service and financial well-being, whereas banks focus on maximizing profits for shareholders. Credit unions often provide lower interest rates on loans, reduced fees, and a more customized banking experience. Credit unions can frequently be a compelling choice for personal loans for several reasons: Possibly lower interest rates: As non-profit organizations, credit … Read more