Federal Reserve

A tick-tock of the US banking crisis

The Federal Reserve’s interest rate hike strategy has inadvertently caused a banking crisis as elevated interest rates slow bank loans.

Mortgage rates keep rising amid high inflation: Freddie Mac

Mortgage interest rates increased again this week after the year opened on a more optimistic note for homebuyers. Meanwhile, mortgage rate volatility persists as the Fed raises interest rates to fight inflation. But the tide may soon turn.

Inflation rose 6.4% in January

The latest read on consumer prices showed a mixed bag presenting more challenges for Federal Reserve Chair Jerome Powell as the central bank looks to combat high inflation.

Gold demand at its highest since 2011

The World Gold Council revealed that demand for gold hit highs last year not seen since 2011, fueled by central bank tightening cycles, including the Federal Reserve's.