Tag: interest rates
Lower mortgage rates next year unlikely to entice ‘rate-locked’ homeowners to...
LOS ANGELES (AP) – Several housing economists are projecting that mortgage rates will ease moderately next year, though the forecasts call for the average...
Fed’s Powell notes inflation is easing but says further progress is...
WASHINGTON (AP) – Inflation is slowing steadily, but it's too early to declare victory or to discuss when the Federal Reserve might cut interest...
Federal Reserve’s preferred inflation gauge shows price pressures continuing to cool
WASHINGTON (AP) – The Federal Reserve's preferred inflation measure cooled last month, the latest sign that price pressures are waning in the face of...
U.S. economic growth for last quarter is revised up to a...
WASHINGTON (AP) – Shrugging off higher interest rates, America's consumers spent enough to help drive the economy to a brisk 5.2% annual pace from...
Fed’s Waller raises possibility of a rate cut by spring if...
WASHINGTON (AP) – A key Federal Reserve official raised the possibility Tuesday that the Fed could decide to cut its benchmark interest rate as...
Average long-term U.S. mortgage rate falls to 7.5% in second straight...
LOS ANGELES (AP) – The average rate on the benchmark 30-year home loan fell for the second week in a row, positive news for...
Federal Reserve keeps rates unchanged, leaves open possibility of a future...
WASHINGTON (AP) – The Federal Reserve kept its key short-term interest rate unchanged Wednesday for a second straight time but left the door open...
Retail sales rise in September, reflecting U.S. shoppers’ resilience
NEW YORK (AP) – Americans showed their steadfast resilience and kept spending online, at restaurants and other outlets in September even as they grappled...
Federal Reserve is poised to leave rates unchanged as it tracks...
WASHINGTON (AP) – Since Federal Reserve officials last met in July, the economy has moved in the direction they hoped to see: Inflation continues...
Wholesale price inflation accelerated in August from historically slow pace
WASHINGTON (AP) – U.S. wholesale price increases accelerated in August, a sign that inflation remains stubbornly persistent despite a series of sharp interest rate...
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