Tag: Interest Rates

Federal Reserve Chairman Jerome Powell attends a news conference following an Open Market Committee meeting, at the Federal Reserve Board Building, Wednesday, June 15, 2022, in Washington.

Fed conducts massive rate hike in bid to rein in soaring inflation

Zach Halaschak · July 27, 2022 6:01 pm

Fed set for another huge rate hike — the only question is how big

Zach Halaschak · July 26, 2022 5:55 pm

Existing home sales fall for fifth straight month as recession fears rise

Zach Halaschak · July 20, 2022 2:41 pm

Federal Reserve Chairman Jerome Powell speaks to the Senate Banking, Housing and Urban Affairs Committee, as he presents the Monetary Policy Report to the committee on Capitol Hill, Wednesday, June 22, 2022, in Washington.

Strong jobs report bolsters Fed campaign for huge rate hikes

Zach Halaschak · July 10, 2022 11:00 am

A sale sign stands outside a home in Wyndmoor, Pa., Wednesday, June 22, 2022.

Mortgage rates have biggest weekly drop since 2008

Zach Halaschak · July 7, 2022 4:42 pm

In this Oct. 24, 2013, photo, black tank cars of the type used to transport crude oil from North Dakota head toward a refinery in Anacortes, Wash. Hundreds of rail cars carrying crude oil could soon be chugging across the Northwest, bringing potential jobs and revenues but raising concerns about potential oil spills, increased train traffic and other issues. With five refineries in the state, Washington has long been accustomed to receiving crude oil from Alaska by ship, barges or pipelines. But ports and refineries are now turning to trains to take advantage of a boom in oil from North Dakota's Bakken region. (AP Photo/Skagit Valley Herald, Scott Terrell)

Commodity prices drop in sign that inflation may be peaking

Zach Halaschak · July 5, 2022 7:57 pm

Credit card interest rates surge to record levels for new cards

Ryan King · July 2, 2022 7:24 pm

new applications for unemployment benefits fell by 11,000 to 271,000 in the second week of December, the Department of Labor reported Thursday. (AP Photo/M. Spencer Green, File)

Jobless claims at 231,000, slightly more than expected

Zach Halaschak · June 30, 2022 12:31 pm

World Bank chief economist ‘skeptical’ about US ability to avoid recession

Zach Halaschak · June 29, 2022 12:00 am

Home prices decelerate for first time in months as Fed hikes rates

Zach Halaschak · June 28, 2022 12:00 am

Powell promises big rate hikes until ‘compelling evidence’ inflation is falling

Zach Halaschak · June 22, 2022 12:00 am

Home sales fall for fourth straight month as interest rates rise

Zach Halaschak · June 21, 2022 3:11 pm