Fed, mortgage rates
The Fed, aiming to tamp down on historically high inflation, approved a 0.25 percentage point interest rate hike and reportedly expect to rise rates six more times this year. Americans ...
The central bank predicted the unemployment rate will increase to 4.4% and stay there. Federal Reserve Chair Jerome ... you could consider paying down high-interest debt with a personal loan ...
It's been a long time coming. After inflation peaked at 9.1% in June 2022, the Fed worked to tame consumer prices with 11 interest rate hikes over the ensuing months. Then, rates remained ...
In December 2022, the Federal Reserve announced the seventh consecutive increase to the federal funds rate and indicated it intented to continue raising interest rates going forward. The ...
For the Fed, last week’s stronger-than-expected jobs report fueled concern the economy might not be cooling enough to slow ...
Investors were once again resetting on Monday after last week's strong jobs report upended the market's predictions about how ...
Lower interest rates generally result in reduced borrowing costs, meaning that credit cards, personal loans and other forms ...
Despite calls to the contrary the Federal Reserve is expected to raise interest rates by another 0.25% this week with Fed Chair Jay Powell expected to leave the door open to additional rate ...
The Nuveen Floating Rate Income Fund offers an attractive 11.50% yield, but is unlikely to maintain this due to expected ...
Last week’s inflation report did little to change the Federal Reserve’s easing cycle. Over the last few weeks, the yield on ...