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Employers added 261,000 jobs in October, a sign that the economy is resilient.
Posted inFederal Reserve System Inflation (Economics) Interest Rates Labor and Jobs Labor Department (US) Layoffs and Job Reductions Midterm Elections (2022) Unemployment United States Economy

Employers added 261,000 jobs in October, a sign that the economy is resilient.

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Posted by By Sydney Ember
Workers Expect Fast Inflation Next Year. Could That Make It a Reality?
Posted inBanking and Financial Institutions Federal Reserve System Inflation (Economics) Interest Rates Labor and Jobs Powell, Jerome H United States Economy Wages and Salaries

Workers Expect Fast Inflation Next Year. Could That Make It a Reality?

The Federal Reserve chair is eyeing near-term inflation expectations, which might shape wages — and help keep prices rising rapidly.
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Posted by By Jeanna Smialek
Mortgage Rates Too High? (Blame the Fed, Wall Street and Your Neighbor.)
Posted inFederal Reserve System Government Bonds Interest Rates Mortgages Personal Finances Real Estate and Housing (Residential) Real Estate Investment Trusts Treasury Department United States

Mortgage Rates Too High? (Blame the Fed, Wall Street and Your Neighbor.)

Lenders use several bits of data to set mortgage rates, including trading moves by investors. Without market volatility, the rate could be under 7 percent.
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Posted by By Joe Rennison and Tara Siegel Bernard
Fed Ushers In Fourth Jumbo Increase in Interest Rates to Fight Inflation
Posted inBanking and Financial Institutions Federal Reserve System Inflation (Economics) Interest Rates Powell, Jerome H Prices (Fares, Fees and Rates) United States Economy

Fed Ushers In Fourth Jumbo Increase in Interest Rates to Fight Inflation

The Federal Reserve has now raised interest rates six times this year as it tries to quash the fastest inflation in decades.
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Posted by By Jeanna Smialek

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