The Federal Reserve should consider slowing down to “steady and deliberate” interest-rate increases, said Kansa City Fed President Esther George on Thursday. “A more measured approach to rate increases may Read more
Tag: rate
Fed’s Daly, despite ‘welcome’ CPI data, still wants to raise benchmark rate above 4.5%-4.75% range
The Federal Reserve should still raise its benchmark interest rate slightly above a 4.5%-4.75% rate despite the “welcome’ consumer price data released earlier Wednesday, said San Francisco Fed President Mary Read more
Fed shouldn’t back off rate hikes for fear of a downturn, Barkin says
The Federal Reserve shouldn’t stop raising interest rates for fear of a recession, said Richmond Fed President Thomas Barkin on Wednesday. “If there is one thing we learned in the Read more
ABN Amro economist now sees more Fed rate increases followed by deeper cuts
ABN Amro economist now sees more Fed rate increases followed by deeper cuts
Rate squeeze: Commercial-property CLO issuance tumbles 80% from peak
Issuance of a newer breed of real estate bonds designed to finance riskier commercial properties for short stretches has tumbled 80% from a $16.5 billion first-quarter peak, according to DRBS Read more
Fed’s Barkin backs slower pace of interest-rate hikes
The Federal Reserve had been stepping on the gas in its effort to raise interest rates this year and can now pump the brakes, said Richmond Fed President Tom Barkin Read more
Fed’s Collins says too early to tell how high benchmark interest rate needs to go
It is important to shift the focus from the pace of interest rate rises to how high they need to be to bring inflation lower, but it is hard to Read more
Monthly U.S. job growth slows to 261,000 from 315,000; unemployment rate 3.7%
Monthly U.S. job growth slows to 261,000 from 315,000; unemployment rate 3.7%
Threat of higher ‘peak’ rate above 5% from Fed in 2023 reverberates across markets
Financial markets on Thursday were absorbing the realization of how high Federal Reserve policy makers are willing to push interest rates, even if the issue of how long borrowing costs Read more
‘Incentives come in many forms’: Here are ways to lower your mortgage rate, according to this mortgage company CEO
Mortgage rates are double where they were a year ago, making home buying a much more costly endeavor. Home sellers are trying to help them out. Buyers are not feeling Read more