It’s pricey to borrow to buy a business, car or home these days. Interest rates are expected to fall in coming years — how much is up for debate.
Category: Federal Reserve Bank of New York
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A Fed Official Wonders: ‘Do We Need to Do Another Rate Increase?’
The head of the powerful New York Fed said that it was an “open question,” and that rates could fall next year.
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Saving for a Down Payment and Retirement: What to Know
With mortgage rates and prices high, first-time home buyers find these competing goals aren’t always doable, at least at the same time. Here are points to consider.
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Why Drugmakers’ Abortion Pill Battle is Such a Big Deal
The decision by a Texas judge to overturn F.D.A. approval for the abortion pill mifepristone could upend the pharmaceutical industry.
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Rules to Curb Illicit Dollar Flows Create Hardships for Iraqis
The regulations were meant to prevent dollar transfers to those targeted by U.S. sanctions on Iran, Syria and Russia. But they have ended up harming ordinary Iraqis who need U.S. currency for business or travel.
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Fed Rate Increases Have ‘A Ways to Go,’ Top Official Says
John C. Williams, the president of the Federal Reserve Bank of New York, said central bankers must “keep moving” in their inflation fight.
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How to Manage Credit Card Debt When Holiday Shopping
Card balances have been rising rapidly. But there are ways to navigate the gift-giving season without taking on a lot of new debt.