The Bank of England has struggled to get mortgage rates lower in spite of Bank Rate cuts

via notayesmanseconomics This morning the focus is back on the Bank of England and we cam start with something which will match the new autumnal mood for the weather at least for the research student presenting the morning meeting. “August saw a slight softening in the rate of annual house price growth to 2.1%, from …

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Trump struggled with passing his preferred resolution; Bitcoin handouts unlikely.

Statist Bitcoin Wackos just making things up now. Trump couldn't even get a his preferred continuing resolution passed, you really think a handout to @saylor's Bitcoin loons is going to pass both House and Senate? Besides, Trump is about 20 days from having his hands very full. https://t.co/9QMTTJQw0k — Sold At The Top (@soldatthetop) January …

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A Kamala Harris surrogate struggled to explain her economic policy, accusing the host of disrespect.

Excuse me! I’m speaking! Lol. — TLeigh (@TLeigh9812303) September 24, 2024 JD Vance is on 🔥 “How dare you call citizens of your own country ‘bad people’ because they don’t want a flood of illegal migration in their country!” “You’re a bad person for causing this border crisis. We are not bad people for complaining …

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31% of recent home buyers struggled due to budget issues and high rates; 69% of US consumers fear a recession within the next year, rising sharply recently.

The recent insights into consumer sentiment and economic outlook paint a complex picture of financial strain and diverging spending patterns across different segments of the economy. With 31% of recent home buyers citing financial challenges like budget constraints and high interest rates, it’s clear that affordability concerns are widespread and impacting major purchasing decisions. Moreover, …

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