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Job Openings Dropped in July as Labor Market Cooled
Posted inFederal Reserve System Hiring and Promotion Inflation (Economics) Interest Rates Labor and Jobs Labor Department (US) Layoffs and Job Reductions United States Economy

Job Openings Dropped in July as Labor Market Cooled

Vacancies fell to 8.8 million, the lowest level since March 2021.
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Posted by By J. Edward Moreno
Why Are Mortgage Rates So High, and How Long Will They Stay Up?
Posted inInflation (Economics) Interest Rates Mortgage-Backed Securities Mortgages Real Estate and Housing (Residential) United States Economy

Why Are Mortgage Rates So High, and How Long Will They Stay Up?

Economists say loan rates are affected by a complicated combination of factors, but there are tactics consumers can use to land a lower rate.
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Posted by By Gregory Schmidt
Fed Chair’s Message Is Clear: The Fight Against Inflation Isn’t Over
Posted inInflation (Economics) Interest Rates Jackson Hole (Wyo) Labor and Jobs Powell, Jerome H Prices (Fares, Fees and Rates) Speeches and Statements United States Economy Wages and Salaries

Fed Chair’s Message Is Clear: The Fight Against Inflation Isn’t Over

Jerome H. Powell, the head of the Federal Reserve, struck a resolute tone in a speech at the central bank’s most closely watched conference.
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Posted by By Jeanna Smialek
Turkey’s Central Bank Raises Rates to Near Two-Decade High
Posted inBanking and Financial Institutions Currency Economic Conditions and Trends Erdogan, Recep Tayyip Interest Rates Politics and Government Turkey

Turkey’s Central Bank Raises Rates to Near Two-Decade High

The bigger-than-expected rate increase, to 25 percent, is aimed at curbing stubbornly high inflation that exceeded 80 percent last year.
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Posted by By Aaron Boxerman

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