Maybe — but it’s not a terrible time to rent.
Category: Interest Rates
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U.K. Inflation Edges Higher, Halting 10-Month Decline
Britain’s inflation rate ticked up to 4 percent in December, driven by an increase in tobacco taxes.
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U.K. Inflation Edges Higher, Halting 10-Month Slide
Britain’s inflation rate ticked up to 4 percent in December, driven by an increase in tobacco taxes.
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A Fed Governor Reiterates That Rate Cuts Are Coming
Christopher Waller, one of seven Washington-based Fed governors, said officials should cut rates as inflation cools — though timing was uncertain.
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After a Rip-Roaring 2023, the Markets Are Taking a Breather
The stock market’s long-term path has been persistently upward, our columnist says, but there have been plenty of setbacks and it’s wise to prepare for more.
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Lugging Credit Card Debt Into 2024? Now’s the Time to Make a Plan
Most Americans with card debt have not outlined a way to bring it down, a new report says. There are ways to get help.
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Fresh Inflation Data Shows Intact, but Bumpy, Cool-Down
Inflation remains faster than usual — and month-to-month bumps are still likely as volatile prices fluctuate — but it is making progress back toward a normal pace.
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Mortgage Rates and Inflation Could Draw Attention to the Fed This Election
The Federal Reserve is poised to cut rates in 2024 while moving away from balance sheet shrinking. Yet a key event looms in the backdrop: the election.
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U.S. Added 216,000 Jobs in December, Outpacing Forecasts
Hiring has throttled back from 2021 and 2022, but was impressive last year by longer-term standards.
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Stocks On Track to End Longest Winning Streak in 20 Years
The S&P 500 is on track for its first weekly decline since October, ending Wall Street’s longest winning streak in nearly 20 years.
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Brisk Wage Gains in December Could Keep the Fed Watchful
Average hourly earnings climbed 0.4 percent from the previous month, and 4.1 percent compared to a year earlier. That was faster than economists expected.
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Fed Minutes Showed Officials Feeling Better About Inflation
Central bankers wanted to signal that interest rates were likely at or near their peak while keeping their options open, December minutes showed.