federal reserve

Biden inflation to hit home buyers with higher interest rates Via Just The News: Mortgage rates surpassed 4% for the first time since 2019 and the Federal Reserve announced a series of new rate hikes this week, two major shifts that mark the economic response to months of elevated inflation. The Federal Reserve announced a 0.25% interest rate hike and said six more increases are on the way. Last week's […]

Federal Reserve indicates interest rate hike arriving in March Via Just The News: With both volatile markets and significant inflation in the mix, the Federal Reserve on Wednesday indicated that it may soon raise interest rates for the first time in more than three years. "With inflation well above 2 percent and a strong labor market, the committee expects it will soon be appropriate to raise the target range for the […]