Federal Reserve, Inflation and Interest Rates
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The average rate on 30-year fixed home loans increased to 6.72% for the week ending July 10, up from 6.67% last week.
Whether you're buying a new home or considering mortgage refinancing, the main question is the same right now: When will rates drop? The interest rate environment has remained elevated across various lending products,
A new report shows inflation has picked up and analysts believe the prices of many goods increased, in part, because of President Trump’s tariffs. It will play into decisions by the Federal Reserve about when and whether to cut interest rates and comes as the president and his team have ramped up their pressure campaign on Fed Chair Jerome Powell.
Headwinds for mortgage rates arrived Tuesday in the form of rising inflation, which likely ends the faint hopes of a Fed rate cut in July.
The US Treasury is considering making a bet on the future of interest rates, potentially breaking a long tradition of market neutrality in the hopes of reducing America’s large
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The average rate on 30-year fixed home loans decreased to 6.67% for the week ending July 3, down from 6.77% last week.
President Trump says Fed rate cuts would save the government as much as $900 billion a year in interest payments on its debt. Is that fight?
New Zealand’s savings, borrowing and investment behaviour is likely to change as its population ages, affecting interest rates, asset prices and demand for financial products, New Zealand’s central bank said in a report released on Tuesday.
Tennessee announces a new maximum effective interest rate of 11.50% for loans, reflecting a 4% increase over the current prime rate, as reported by the state's Department of Financial Institutions.
Three of the four largest banks in the U.S. together reported a mixed picture of how much money they made from interest income during the second quarter. Here were the numbers compared with the second quarter of 2024: JPMorgan Chase: $23.