The Federal Reserve is likely to keep interest rates unchanged at its upcoming meeting despite recent positive inflation trends. Concerns about a trade war may impact prices, which could prevent rate cuts. While borrowing costs for consumers may decrease, current rates remain high.

On Friday, the stock market recovered some losses, with the Dow Jones rising over 650 points, driven by the absence of new tariff news and optimistic investor sentiment. Nonetheless, the indices still faced their worst weekly performance since March 2023.

The European Central Bank cut interest rates by 25 basis points and stated that its monetary policy is becoming less restrictive, indicating a cautious shift towards future rate cuts amidst low inflation and slow economic growth in the Eurozone.

The European Central Bank has cut interest rates for the sixth time due to low inflation and weak economic growth. Future rate paths are uncertain as European leaders plan increased military spending.

Mortgage demand surged by 20.4% last week due to a significant decrease in interest rates, prompting both current homeowners and potential buyers to engage in the market as they prepared for the spring homebuying season.