US Mortgage Rates Plunge: A Global Ripple Effect
Update: 2025-09-20
Description
Mortgage Rates Plunge! US homeowners rush to refinance as the Federal Reserve cuts rates for the first time in a year, hinting at more cuts to come. Will this spark a housing market revival? Meanwhile, the Bank of England holds steady amidst inflation fears, and the Bank of Japan hints at further rate hikes. Globally, interest rate shifts trigger asylum surges in Canada, budget protests in France, and stimulus talks in China. Get ready for a wild ride this fall as central banks navigate a complex economic landscape!
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