Tag: inflation
Average long-term U.S. mortgage rate dips to 6.17%, its lowest level...
The average rate on a 30-year U.S. mortgage fell for the fourth week in a row to its lowest level in more than a...
Federal Reserve cuts key rate for second time this year
WASHINGTON (AP) – The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up...
Federal Reserve likely to cut key rate Wednesday and may signal...
WASHINGTON (AP) – The Federal Reserve will almost certainly cut its key interest rate on Wednesday and could signal it expects another cut in...
Consumer confidence dips modestly in October
WASHINGTON (AP) – Consumer confidence weakened slightly in October as Americans remain anxious about their future financial prospects.
The Conference Board said Tuesday that its...
Fed minutes: Most officials supported further rate cuts as worries about...
WASHINGTON (AP) – Most members of the Federal Reserve's interest-rate setting committee supported further reductions to its key interest rate this year, according to...
Federal Reserve cuts key rate by a quarter-point, signals 2 more...
WASHINGTON (AP) – The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this...
Cotality: R.I. home price index jumps 5.94% in July, 4th-highest in...
PROVIDENCE – The Rhode Island home price index increased 5.94% year over year in July, the fourth-highest growth rate in the nation, according to...
Prices in the U.S. supply line before they hit consumers unexpectedly...
WASHINGTON (AP) – U.S. producer prices fell unexpectedly last month, dropping 0.1% from July.
The Labor Department reported Wednesday that its producer price index –...
Powell signals Fed may cut rates soon even as inflation risks...
JACKSON HOLE, Wyo. (AP) – Federal Reserve Chairman Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate...
Average rate on a 30-year mortgage holds steady at lowest level...
The average rate on a 30-year U.S. mortgage held steady this week at its lowest level in nearly 10 months, an encouraging sign for...
- Featured Event -
