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Turkey Raises Interest Rates to 40 Percent to Tame Runaway Inflation
Posted inEconomic Conditions and Trends Erdogan, Recep Tayyip Inflation (Economics) Interest Rates Turkey

Turkey Raises Interest Rates to 40 Percent to Tame Runaway Inflation

The country’s central bank increased rates by 5 percentage points in an attempt to deal with the soaring cost of household necessities and the devaluing of the lira.
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Posted by By Santul Nerkar
Fed Officials Thought Rates Could Rise More if Inflation Stayed Stubborn
Posted inFederal Reserve System Government Bonds Inflation (Economics) Interest Rates Labor and Jobs Powell, Jerome H Prices (Fares, Fees and Rates)

Fed Officials Thought Rates Could Rise More if Inflation Stayed Stubborn

Minutes from the Federal Reserve’s early November meeting suggested another rate increase remained possible, but officials were in no hurry.
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Posted by By Jeanna Smialek
Fed Officials Thought Rates Could Rise More if Inflation Stayed Stubborn
Posted inFederal Reserve System Government Bonds Inflation (Economics) Interest Rates Labor and Jobs Powell, Jerome H Prices (Fares, Fees and Rates)

Fed Officials Thought Rates Could Rise More if Inflation Stayed Stubborn

Minutes from the Federal Reserve’s early November meeting suggested another rate increase remained possible, but officials were in no hurry.
Read More
Posted by By Jeanna Smialek
A 30-Year Trap: The Problem With America’s Weird Mortgages
Posted inBanking and Financial Institutions Federal Reserve System Inflation (Economics) Interest Rates Mortgages Prices (Fares, Fees and Rates) Real Estate and Housing (Residential) United States Economy

A 30-Year Trap: The Problem With America’s Weird Mortgages

One big reason the U.S. housing market is broken: Owners don’t want to give up their cushy old loans.
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Posted by By Ben Casselman

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