Despite mortgage rates hitting multidecade highs and jitters in the bond market, demand for new homes is strong and prices are rising.
Category: Federal Reserve System
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Fed Officials Avoided a Victory Lap at July Meeting
Federal Reserve officials raised interest rates at their July 26 meeting, but investors doubt that they will lift them again this year.
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With Investors on Edge, Fed Minutes Take on New Urgency
Inflation fears have led to a sell-off in stocks and bonds in August as the markets fret the possibility of more interest-rate increases.
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China’s Woes Loom Large Over the Global Markets
A downturn in the world’s second biggest economy, and growing fears about its real estate sector, are making investors jittery.
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Why the Fed Might not Be Done Raising Rates
Volatile energy prices could put new pressures on the economy, despite some cautious optimism after the latest inflation data.
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Inflation Picks Up, but Details Under the Surface Are Encouraging
Economists looked past the first acceleration in overall inflation in more than a year and saw signs that price pressures continued to moderate in July.
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How Long Will Interest Rates Stay High?
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.
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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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The economy added 187,000 jobs in July.
Economists project employment expanded at a healthy but slowing pace in July as the economy coasts into a steadier state.
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Is Good News Finally Good News Again?
Economists had been wary of strong economic data, worried that it meant inflation might stay high. Now they are starting to embrace it.
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Strong Economic Data Buoys Biden, but Many Voters Are Still Sour
Voters continue to rate the president poorly on economic issues, but there are signs the national mood is beginning to improve.
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Job Turnover Eased in June as Labor Market Cooled
Openings were little changed, but hiring and quitting both declined.