Jerome Powell Is Popular. His War on Inflation Could Change That.

Jerome Powell Is Popular. His War on Inflation Could Change That.

Jerome H. Powell, who is well liked across the political spectrum, is presiding over the fastest interest rate increases in generations, with another one expected this week.
U.S. Mortgage Rates Soar Past 7%

U.S. Mortgage Rates Soar Past 7%

The average rate on 30-year mortgages — the most popular kind among Americans — rose to the highest level since 2002, tracking the Federal Reserve’s aggressive campaign of rate increases.