Fed Officials Discussed Slowing Interest Rate Increases ‘Soon’
The central bankers discussed the need to slow rate increases soon at their last meeting, while signaling that they are likely to raise borrowing costs higher.
Posted inCredit and Debt Federal Reserve System Inflation (Economics) Interest Rates Labor and Jobs Layoffs and Job Reductions Mortgages Prices (Fares, Fees and Rates) Real Estate and Housing (Residential) Recession and Depression Shopping and Retail United States Economy
Are the Federal Reserve’s Rate Increases Working?
The Fed’s campaign to slow the economy is gradually taking hold, but officials have been particularly surprised by the job market's resilience.
Posted inFederal Reserve System Government Bonds Inflation (Economics) Interest Rates Standard & Poor's 500-Stock Index Stocks and Bonds United States Economy
Markets Hold Gains Despite Fed Warnings
Several Fed officials sought this week to temper investors’ enthusiasm over signs that inflation could be slowing.
Posted inBank of England Economic Conditions and Trends Inflation (Economics) Interest Rates Mortgages Real Estate and Housing (Residential)
A New Source of Economic Anxiety in Britain: Soaring Mortgage Rates
After more than a decade of ultralow interest rates, millions of British households suddenly face large jumps in their monthly payments, rocking the nation’s already weak economy.