U.S. mortgage rates increased to a fresh six-month high this week, a trend that together with elevated house prices could ...
Fourth week of higher rates comes after 10-year Treasury yields, which mirror mortgage rates, rose after new economic data ...
Total U.S. credit card debt fell 12% at an annualized rate in November, a plunge not seen since the onset of the pandemic. High interest rates and tightening lending standards by banks may be ...
A top Federal Reserve official has said the US central bank is “pretty close” to meeting its objectives on inflation and ...
The US Federal Reserve should proceed cautiously before supporting any future rate cuts, a senior bank official said Thursday ...
Federal Reserve Governor Michelle Bowman considers interest rates on hold for the time being until the data shows inflation ...
As Deutsche Bank strategist Henry Allen notes, large stock market declines without a recession are infrequent, but not ...
Despite the progress that has been made, there are "upside risks to inflation," Bowman added. The Fed's preferred inflation gauge showed a rate of 2.4% in November but was at 2.8% when excluding food ...
Collins, in prepared remarks for an event Thursday in Boston, said the economy was in a “good place,” but noted that progress ...
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