Tag: interest rates
U.S. wholesale prices dropped in May, adding to evidence that inflation...
WASHINGTON (AP) – Wholesale price increases fell in May, the latest sign that inflation pressures in the United States may be easing as the...
Federal Reserve envisions just one rate cut this year
WASHINGTON (AP) – Federal Reserve officials said Wednesday that inflation has fallen further toward their target level in recent months but signaled that they...
U.S. inflation cooled in May in sign that price pressures may...
WASHINGTON (AP) – Inflation in the United States eased in May for a second straight month, a hopeful sign that a pickup in prices that...
Inflation data this week could help determine Fed’s timetable for rate...
WASHINGTON (AP) – After Federal Reserve officials meet this week, a statement they will issue may suggest that they've seen meaningful progress on inflation...
Study: R.I. average mortgage rate highest in nation
PROVIDENCE – Rhode Island's average mortgage interest rate of 7.875% is the highest in the nation, according to a study by Flatworld Solutions.
Researchers at...
New inflation figures are good sign for economy
The U.S. economy is slowing, but not crashing. In the dismal science, this is what counts as good news.
That’s the message I took away...
Federal Reserve minutes: Policymakers saw a longer path to rate cuts
WASHINGTON (AP) – After several unexpectedly high inflation readings, Federal Reserve officials concluded at a meeting earlier this month that it would take...
Long-term mortgage rates retreat for second straight week
The average rate on a 30-year mortgage in the U.S. fell for the second straight week, giving some relief to home shoppers already facing...
Retail sales were unchanged in April from March as inflation and...
NEW YORK (AP) – Americans unexpectedly paused their spending in April from March as inflation continued to sting and elevated interest rates made taking...
Wholesale price increases accelerated in April as inflation remains sticky
WASHINGTON (AP) – U.S. wholesale prices rose sharply last month, a sign that inflation pressures remain stubbornly high after three elevated readings in consumer prices...
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