Mortgage rates ticked up again this week, adding a little more strain to buyers already weighing a shaky economy. Freddie Mac reports the average 30-year fixed loan at 6.24%, a slight rise that comes even as rates sit well below last year’s[...]
Tag: Interest Rates
News |
Federal Reserve Cuts Rates: Here’s What to Watch Now
The Federal Reserve cut interest rates for the second time this year, although Chair Jerome Powell said a third cut is “not a foregone conclusion.” WSJ’s Nick Timiraos explains the central bank’s split outlook. Watch below. [...]Read More... from Federal Reserve Cuts[...]
Commentary |
What is happening to the economy right now, according to the SF Fed president
The Federal Reserve often feels like a distant force—moving interest rates, shaping markets, and influencing everything from mortgages to job growth. But in this conversation, Mary Daly, president of the San Francisco Fed, pulls back the curtain. She explains how decisions made[...]
News |
Fed lowers interest rates, signals more cuts ahead; Miran dissents
The Federal Reserve has shifted course, cutting interest rates for the first time since December as concerns about a weakening job market take center stage. Chair Jerome Powell emphasized the growing risks of higher unemployment—particularly among young and minority workers—while balancing inflation[...]
News |
The Fed held interest rates steady despite pressure from Trump
The Fed held interest rates steady this week, resisting political pressure and signaling a wait-and-see approach as economic growth slows and inflation lingers. While Fed Chair Jerome Powell described the economy as “solid,” cracks are showing—consumer spending is down, credit delinquencies are[...]
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News |
Inflation heats up in June as President Trump’s tariffs start to bite
Prices are rising again, and it’s looking increasingly like tariffs are the culprit. The latest numbers show a 2.7% jump in consumer prices over the past year, with noticeable increases in rents, clothing, and household goods. With the impacts of the trade[...]
News |
Fed holds interest rates steady, still sees 2 cuts coming this year
Even as inflation shows signs of cooling, the Federal Reserve isn’t ready to ease up just yet. With interest rates holding steady for a fourth straight meeting, Fed officials now predict inflation will tick back up before the year ends—though they still[...]
Commentary |
Fed Says Long-Term Rates May Exceed Forecasts
Follow the link for the story. Check the comments for the one-line editorial delivered by user Hardened Cynic who states, “These guys are riding a rocket and have no idea where they are going.” [...]Read More... from Fed Says Long-Term Rates May[...]