Along With Smaller Rate Hike, Fed Projects Some Additional Pain in 2023
Following more than two months of (generally) good news on inflation, the Federal Reserve appears ready to begin scaling back ...
Tag: Jerome Powell
Fed Maintains Aggressive Rate Hike Effort, but Signals Possible Slowdown
The Federal Reserve has once again dropped the hammer on its rate hike efforts, announcing its fourth 75 basis points ...
More Data Shows Core Inflation Resisting Fed Hikes
With the Federal Reserve showing no signs of letting up in its ongoing crusade of interest rate hikes, the latest ...
Fed Keeps Pressure Up as Mortgage Rates Lift Off
With a little more than three months left until the end of the year—the looming deadline to become free-cash-flow positive—Compass ...
Fed Makes Another ‘Unusually Large Increase’ in Interest Rates
There was a time last year when the term “transitory” was commonly used when federal officials discussed elevated inflation.
Fed Drops Hammer With 75-Point Hike
In response to unexpectedly persistent inflation, the central bank is increasing its planned pace for interest rate increases.
Labor Market Keeps Momentum With All Eyes on Inflation
Adding a better-than-expected 390,000 jobs in May, the U.S. labor economy continues a blazing stretch of pandemic-recovery growth with overall ...
As Expected, Fed Hits Brakes with 50-point Hike
The widely anticipated move further cements the commitment of the central bank to curb inflation and cool a hot economy.
Mortgage Rates Surge to Highest Level in 3 Years
This week, the 30-year fixed-rate mortgage average increased from 4.16% last week to 4.42% this week--the highest level its reached ...
4 Hidden Costs of Homeownership Clients Should Understand
First-time buyers could not know all the expenses that go along with owning a property. Obvious ones like taxes and insurance can skyrocket year over year. Read more.
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