Fed Chair Says He Expects Slower Rate Increases to Continue
After rapid interest rate increases, Federal Reserve officials could move to a steadily slower pace — though they aren’t ready to commit.
Posted inBank of England Banking and Financial Institutions European Central Bank Federal Reserve System Inflation (Economics) Interest Rates Lagarde, Christine Powell, Jerome H Ueda, Kazuo United States Economy
Top Central Bankers Expect More Rate Increases Amid Stubborn Inflation
The heads of the Federal Reserve, European Central Bank and Bank of England said that while inflation was moderating somewhat there was still more work to be done.
Posted inBanking and Financial Institutions Economic Conditions and Trends European Central Bank Inflation (Economics) Interest Rates Lagarde, Christine
Inflation Is Proving Persistent as It Moves Through the Eurozone Economy
Christine Lagarde, the president of the European Central Bank, called for more “more persistent policy” to stifle price rises.
Posted inBuilding (Construction) Federal Reserve System Inflation (Economics) Interest Rates Millennial Generation Powell, Jerome H Prices (Fares, Fees and Rates) Real Estate and Housing (Residential) Renting and Leasing (Real Estate) Telecommuting United States Economy Waller, Christopher (1959- )
What Is Happening in the Housing Market?
Home construction surged in May and prices have ticked up, even with interest rates at a 15-year high. The resilience has surprised some economists.