interest rates
A ‘turning point’ on jobs: Soft landing for economy or recession?
Posted by WRAL TechWire | Apr 6, 2023
Indicators that sensational job growth since the COVID pandemic is coming to a close are becoming more obvious, one bad sign being a drop of 800 jobs in Durham-Chapel Hill according to the latest North Carolina employment report. But there are others. Is a recession coming as hiring slows and interest rate hikes continue to bite?
Read MoreMortgage rates are again rising as inflation concerns persist
Posted by Jason Parker | Feb 9, 2023
By Anna Bahney, CNN Mortgage rates rose this week after four weeks of declines, as a stronger-than-expected jobs report suggested the Federal Reserve would continue hiking its benchmark lending rate in its battle against inflation. The 30-year fixed-rate mortgage averaged 6.12% in the week ending February 9, up from 6.09% the week...
Read MoreFederal Reserve raises rates a half-point, still ‘historic’
Posted by Jason Parker | Dec 14, 2022
Interest rates may again be changing, as the Federal Reserve Open Market Committee followed through on what many expected: a half-point increase.
Read MoreWhat will the Fed do? Rate hike expected
Posted by Jason Parker | Dec 14, 2022
The Federal Reserve is set to announce its rate hike decision Wednesday at 2 p.m. What will the Fed do? Here’s what to expect.
Read MoreWhat happens next, now that the Fed again increased interest rates?
Posted by Jason Parker | Nov 3, 2022
Federal Reserve Chairman Jerome Powell took the stage and promptly threw cold water on any Wall Street hopes for a near-term pivot toward monetary easing.
Read MoreFed makes history with fourth consecutive three-quarters point rate hike
Posted by Jason Parker | Nov 2, 2022
The Federal Reserve has again raised interest rates for the federal funds rate with the target range now set between 3.75 and 4%. What’s this mean for you?
Read MoreComing this week: Fed expected to again raise rates, plus the US jobs report
Posted by Jason Parker | Oct 31, 2022
The Federal Reserve is most likely going to raise interest rates by three quarters of a percentage point again on Wednesday, its fourth straight hike.
Read MoreExec: Fed rate hikes have pushed US economy into ‘danger zone’
Posted by Jason Parker | Sep 22, 2022
“The Fed has now entered the ‘danger zone’ in terms of the rate shock they are throwing onto the US economy,” an exec at Bleakley Financial Group told CNN.
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