Tag: interest rates
Federal Reserve expected to stand pat on rates even as Trump...
WASHINGTON (AP) – The Federal Reserve is nearly certain to keep its key interest rate unchanged at its policy meeting this week, just a...
U.S. retail sales rose modestly last month amid solid holiday shopping
Americans stepped up their spending at retail stores and restaurants last month in a clear sign that consumers are still able and willing to...
CoreLogic: R.I. home price index up 7.32% in November, second-highest increase...
PROVIDENCE – The Rhode Island home price index increased 7.32% year over year in November, the second-biggest increase in the nation and highest in...
Federal Reserve officials at December meeting expected slower pace of rate...
WASHINGTON (AP) – Federal Reserve officials at their meeting Dec. 17-18 expected to dial back the pace of interest rate cuts this year in the face...
U.S. job openings rise unexpectedly to 8.1M in November
WASHINGTON (AP) – U.S. job openings rose unexpectedly in November, showing companies are still looking for workers even as the labor market has cooled overall.
Openings...
Average rate on a 30-year U.S. mortgage hits 6.91%, highest since...
WASHINGTON (AP) – U.S. mortgage rates rose this week to the highest level since July.
The benchmark 30-year fixed loan rate rose to 6.91% from...
U.S. economy grows at 3.1% pace in third quarter, an upgrade...
WASHINGTON (AP) – The American economy grew at a healthy 3.1% annual clip from July through September, propelled by vigorous consumer spending and an uptick in...
Federal Reserve cuts key rate by quarter-point
WASHINGTON (AP) – The Federal Reserve cut its key interest rate Wednesday by a quarter-point – its third cut this year – but also...
Federal Reserve is likely to slow its rate cuts with inflation...
WASHINGTON (AP) – Americans hoping for lower borrowing costs for homes, credit cards and cars may be disappointed after this week's Federal Reserve meeting....
Average rate on 30-year mortgage hits 6.6%, its third straight weekly...
The average rate on a 30-year mortgage in the U.S. eased for the third week in a row, a welcome trend for prospective homebuyers...
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