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U.K. Inflation Remains Stuck at 8.7 Percent
Posted inBank of England Banking and Financial Institutions Government Bonds Great Britain Inflation (Economics) Interest Rates Mortgages

U.K. Inflation Remains Stuck at 8.7 Percent

The rate, which had been expected to edge lower in May, shows that Britain’s cost-of-living crisis persists, and is likely to prompt the Bank of England to raise interest rates again.
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Posted by By Eshe Nelson
Fed Leaves Rates Steady but Forecasts More Moves to Come
Posted inBanking and Financial Institutions Federal Reserve System Government Bonds Interest Rates Powell, Jerome H Prices (Fares, Fees and Rates) United States Economy Wages and Salaries

Fed Leaves Rates Steady but Forecasts More Moves to Come

Central bankers have lifted rates at the fastest pace since the 1980s, but now they’re taking time to survey how the changes are working.
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Posted by By Jeanna Smialek
What Fed Interest Rate Moves Mean for Mortgages, Credit Cards and More
Posted inCertificates of Deposit Credit and Debt Credit Cards Federal Reserve System Government Bonds Home Equity Loans Interest Rates Mortgages Student Loans

What Fed Interest Rate Moves Mean for Mortgages, Credit Cards and More

Savers benefit from higher rates, but borrowers have faced bigger bills on credit cards, student loans and other forms of debt.
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Posted by By Tara Siegel Bernard
Federal Reserve’s June Meeting: What to Watch
Posted inBanking and Financial Institutions Consumer Price Index Federal Reserve System Government Bonds Inflation (Economics) Interest Rates Powell, Jerome H Prices (Fares, Fees and Rates) United States Economy

Federal Reserve’s June Meeting: What to Watch

Central bankers are expected to leave interest rates unchanged on Wednesday, but the decision is an unusual nail-biter. Also: Keep an eye on the economic forecasts.
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Posted by By Jeanna Smialek

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