‘Savings are gonna run out’: Already battered by high inflation, Fed’s rate hike will hit lower-income and rural Americans hard
admin The Federal Reserve hiked its benchmark rate by 0.75 percentage points on Wednesday in an…
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Is the housing market in a recession? Here’s what economists are saying and mortgage rates fluctuate, fall slightly on the back of the Fed’s rate hike
Hi, MarketWatchers. Don’t miss these top stories. Is the housing market in a recession? Here’s…
Read More‘Purchase demand continues to tumble’: Mortgage rates fluctuate, fall slightly on the back of the Fed’s rate hike
The 30-year fixed-rate mortgage averaged 5.3% for the week ending July 28, according to data…
Read MoreWas Fed’s Powell dovish or not? 4 key takeaways from today’s press conference
Investors reacted as if Fed Chairman Jerome Powell’s press conference Wednesday was dovish, but many…
Read MoreFeds reportedly investigating Trump’s actions in Jan. 6 criminal probe
Former President Donald Trump’s actions in trying to overturn the 2020 election are being investigated…
Read MoreFeds tell student loan servicers to hold off on sending billing statements
WASHINGTON — The federal government’s student loan servicing contractors have been instructed to hold off…
Read MorePhiladelphia Fed’s July factory activity index contracts for second straight month
The numbers: The Philadelphia Fed said Thursday its gauge of regional business activity dropped to…
Read MoreFed’s Bullard backs more rate hikes this year after ‘hot’ CPI data
The Federal Reserve needs to be more aggressive this year to help cool down “stubbornly…
Read MoreFed’s Powell and his former No.2 Clarida are cleared in an internal trading-scandal probe
The Federal Reserve’s inspector general said there was no evidence to substantiate allegations that Fed…
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Opinion: It will be the Fed’s fault if the economy crashes into recession
The Federal Reserve’s interest rate policy is one of the most important economic decisions that…
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