Tag: central bank
Average long-term U.S. mortgage rate holds at 6.35%
The average rate on a 30-year mortgage in the U.S. was flat this week ahead of an expected interest rate cut from the Federal...
Powell: Economy’s solid growth could require additional Fed hikes to fight...
JACKSON HOLE, Wy. (AP) – The continued strength of the U.S. economy could require further interest rate increases, Federal Reserve Chair Jerome Powell said Friday...
U.S. revises down last quarter’s economic growth to 2.6% rate
WASHINGTON (AP) – The U.S. economy maintained its resilience from October through December despite rising interest rates, growing at a 2.6% annual pace, the...
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