Interest rates

US 30-year mortgage rate hits highest in nearly three years

The average 30-year fixed mortgage rate hit 7.49% last week, severely hurting Americans’ affordability.

Bank of Japan says AI boom may have eased financial conditions, warns of market risks

The Bank of Japan said it will continue to carefully examine economic and financial data to ascertain a “consistent picture” on AI’s impact.

US adds only 29,000 new jobs in September, missing analysts’ expectations by a lot

People walking along Wall Street in New York’s financial district on Sept 17. The sector’s employment continued to slide, losing 7,000 jobs in September.

S’pore mortgage rates rise following Fed hike: What home owners should look out for

At least four fixed-rate mortgages for a $500,000 loan on new private properties and HDB flats have crossed the 2% mark.

US dollar at 17-month high as global bond rout hits euro

The dollar index, which measures the US currency against six rivals, was at 102.08, set for a 1% gain this week, its third consecutive weekly gain.

US Fed policymakers lean against October rate hike

The US Fed on Sept 16 raised interest rates for first time in three years.

US Federal Reserve’s Kashkari says US central bank must lower inflation pressures

Federal Reserve Bank of Minneapolis president Neel Kashkari said that he expects the US central bank to raise rates again depending on how the economy performs.

US Federal Reserve’s Williams sees one more interest rate hike in late 2026

Federal Reserve Bank of New York president John Williams said there was no urgency to act following the central bank’s decision to lift rates earlier this month.

Australia’s central bank lifts rates to 15-year high, cannot rule out more hikes

Markets had fully priced in a hike given inflation came in hotter than expected in July.

Gold hits seven-week low as oil surge fuels rate hike bets

Spot gold was down 3.8% at US$4,121.58 per ounce, after falling as much as US$4,110.55, its lowest since Aug 5.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.