By Bagehot
THE British have long been told that theirs is a nation of homeowners (and more specifically house-owners). According to conventional wisdom, this made the country an outlier in a wider Europe where people were bafflingly willing to live in flats without gardens and to rent for their whole adult lives.
USD rebounds after the Federal Reserve holds rates steady at the 5.25%-5.50% range. FOMC members revised their interest rate protections of 2024 to the upside. […]
EUR/USD remains fragile near 1.0850 as the ECB lowers the Rate on the Deposit Facility by 25 bps to 3.25%. The ECB is expected to […]
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