Tag: Interest Rates
What’s Up With the Crazy Housing Market?
But if you need a home now — and you can stomach the roller coaster — the world…
U.S. Economy Added 372,000 Jobs in June, Defying Slowdown Fears
The U.S. economy powered through June with broad-based hiring on par with recent months, keeping the country clear…
Strong Wage and Jobs Growth Keeps Fed on Track for Big Rate Increase
A surprisingly robust June employment report reinforced that America’s labor market remains historically strong even as recession warnings…
Fed Moves Toward Another Big Rate Increase as Inflation Lingers
WASHINGTON — The Federal Reserve, determined to choke off rapid inflation before it becomes a permanent feature of…
Highest Mortgage Rates Since 2008 Housing Crisis Cool Sales
For the past two years, anyone who had a home to sell could get practically any asking price.…
Fed Confronts a ‘New World’ of Inflation
Federal Reserve officials are questioning whether their longstanding assumptions about inflation still apply as price gains remain stubbornly…
Bear Markets and Recessions Happen More Often Than You Think
Spending money can be delightful. But losing it? If you are watching big chunks of hard-earned savings disappear,…
What the Fed’s Rate Hike Means for Credit Cards and Student Loans
The Fed’s decision to raise its key interest rate by three-quarters of a percentage point is good news…
The Fed Raises Interest Rates by 0.75 Percentage Points to Tackle Inflation
The Federal Reserve took its most aggressive step yet to try to tame rapid and persistent inflation, raising…
Fed Set to Lift Rates as ‘Soft-ish Landing’ Becomes a Harder Sell
Federal Reserve officials are meeting this week with one major goal in mind: cooling the economy enough to…
Inflation in the United States: What You Need to Know
The government reported on Friday that consumer prices climbed 8.6 percent over the year through May, the fastest…
Yellen Defends Pandemic Spending as Inflation Persists
WASHINGTON — At her confirmation hearing in early 2021, Treasury Secretary Janet L. Yellen told lawmakers that it…