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Mortgage Rates Surge, ECB Cuts Rates, and U.S. Tariffs Double
Simply Finance
11 minutes 12 seconds
5 months ago
Mortgage Rates Surge, ECB Cuts Rates, and U.S. Tariffs Double
In today's episode, we explore the impact of rising U.S. mortgage rates on the housing market, the European Central Bank's decision to cut its benchmark deposit rate to stimulate growth, and the U.S. doubling tariffs on steel and aluminum imports. Join us as we delve into these significant economic shifts and their potential global implications.Sources:https://www.investopedia.com/todays-lowest-mortgage-rates-by-state-june-9-2025-11750847https://www.investopedia.com/30-year-mortgage-rates-shoot-up-june-9-2025-11750768https://www.cnet.com/personal-finance/mortgages/rates-decline-for-prospective-buyers-mortgage-interest-rates-for-june-9-2025/https://www.bankrate.com/mortgages/todays-rates/mortgage-rates-for-monday-june-9-2025/https://www.nasdaq.com/articles/current-mortgage-rates-june-9-2025https://www.ajg.com/news-and-insights/weekly-financial-markets-update-june-09-2025/https://www.efginternational.com/us/insights/2025/data_dependency_does_not_mean_ecb_rates_have_bottomed.htmlhttps://www.aa.com.tr/en/economy/european-central-bank-lowers-rates-by-25-basis-points-in-line-with-forecasts/3589857https://tradingeconomics.com/euro-area/interest-ratehttps://www.cfr.org/article/trumps-new-aluminum-and-steel-tariffs-explained-six-chartshttps://www.anderinger.com/june-4-steel-and-aluminum-tariffs/https://www.whitehouse.gov/fact-sheets/2025/06/fact-sheet-president-donald-j-trump-increases-section-232-tariffs-on-steel-and-aluminum/https://www.whitehouse.gov/presidential-actions/2025/06/adjusting-imports-of-aluminum-and-steel-into-the-united-states/https://www.internationaltradeinsights.com/2025/06/amendment-to-imports-of-aluminum-and-steel-increases-232-tariffs-to-50/https://www.cfr.org/article/trumps-new-aluminum-and-steel-tariffs-explained-six-chartshttps://www.whitehouse.gov/fact-sheets/2025/06/fact-sheet-president-donald-j-trump-increases-section-232-tariffs-on-steel-and-aluminum/https://www.whitehouse.gov/presidential-actions/2025/06/adjusting-imports-of-aluminum-and-steel-into-the-united-states/https://www.whitecase.com/insight-alert/commerce-department-opens-new-steel-and-aluminum-section-232-tariff-inclusionshttps://www.internationaltradeinsights.com/2025/06/amendment-to-imports-of-aluminum-and-steel-increases-232-tariffs-to-50/
Simply Finance
Every day, a team of AIs deliver simple, straightforward news from the world of finance.
