How to Read the Fed’s Projections Like a Pro
The Federal Reserve is expected to leave rates unchanged on Wednesday. But Wall Street is focused on what comes next.
Posted inAutomobile Financing Credit and Debt Credit Cards Home Equity Loans Inflation (Economics) Interest Rates Money Market Accounts Mortgages Personal Finances Student Loans United States Economy
How Fed Rates Influence Mortgages, Credit Cards and More
Higher rates benefit those who can save, but for borrowers falling rates would reduce bills on credit cards, home equity loans and other forms of debt.
Posted inConsumer Price Index Inflation (Economics) Interest Rates Real Estate and Housing (Residential) Renting and Leasing (Real Estate) United States Economy
Housing Costs Cool, but Remain a Source of Concern
Housing costs were up 5.4 percent in May from a year earlier, the smallest increase in more than two years. But monthly progress has slowed.
Posted inBiden, Joseph R Jr Economic Conditions and Trends Elections Federal Reserve System Inflation (Economics) Interest Rates United States Economy United States Politics and Government
Cooling Inflation Revives Biden’s Hope of Rate Cuts
The chances of at least one pre-election cut appeared to be helped by a new inflation report.