Mortgage rates surge once again – here’s how to keep your rate down
Mortgage rates are on the rise, growing closer to 5%. Here's what borrowers can do to keep their rates low.
Deutsche Bank predicts US recession in 2023 due to Fed rate hikes
An economic recession is on the horizon in the U.S. as the Federal Reserve makes an aggressive pivot to cool the hottest inflation in four decades, according to economists at Deutsche Bank.
Soaring interest rates create 'barrier to the American dream': Former investment banker
Carol Roth, a former investment banker and author, argued that rising interest rates are creating a “barrier” for those pursuing the American dream.
Fed's Bullard warns central bank still seems 'behind the curve' on inflation
St. Louis Federal Reserve President James Bullard said Thursday the U.S. central bank remains well behind in its fight to cool the hottest inflation in four decades.
Fed signals half-point interest rate hike 'appropriate' at future meetings
Most Federal Reserve officials agreed last month that surging inflation and a tight labor market could warrant a half-point interest rate hike as policymakers look to combat soaring prices.
Former Fed official warns central bank walking ‘very thin’ line, predicts when US will face recession
Former Kansas City Fed President Thomas Hoenig forecasted when a recession in the U.S. could happen amid the central bank's expected aggressive tightening measures.
Fed's Brainard hints at aggressive policy tightening as inflation roars
Federal Reserve Governor Lael Brainard suggested on Tuesday that central bank policymakers could soon move aggressively to tighten policy as it seeks to cool red-hot inflation.
Jamie Dimon warns US economy faces major risks from inflation, Russia-Ukraine war
JPMorgan Chase CEO Jamie Dimon warned in his annual shareholder letter that the U.S. economy faces a potential convergence of unprecedented risks in the year ahead that have him preparing for the worst.
March jobs report likely solidifies a big Fed rate hike next month
The March jobs report revealed another month of robust hiring, likely solidifying the case for the Federal Reserve to pivot toward a mega-sized interest rate hike as it seeks to cool red-hot inflation.
Government spending to blame for inflation spike, San Francisco Fed study says
Researchers at the Federal Reserve Bank of San Francisco say that massive government spending during the pandemic has caused U.S. inflation to surge more than in other developed economies.
The Fed maneuvering 'tricky plane landing' to bring inflation down: Ex-Obama economist
Former Obama economist Jason Furman argues the Fed's "tricky plane landing" to bring inflation down becomes more challenging by the day.
Mortgage rates surge a quarter percentage point – here's why you should lock in your rate now
Mortgage rates surged once again this week after the Fed raised the federal funds rate and are now approaching the 5% mark.
Rate hikes, high prices leave first-time homebuyers ‘frustrated’
Interest rate hikes and pricey properties present unprecedented challenges for first-time homebuyers.
Odds of US recession in 2022 much 'higher' vs a year ago, Fmr. Chase chief economist says
Former Chase chief economist Anthony Chan discusses the probability of a recession in 2022.
Inflation and Russian invasion of Ukraine to take a toll on US economy, Fannie Mae says
Russia's invasion of Ukraine is expected to take a toll on the U.S. economy as it pushes inflation higher. This has caused Fannie Mae to reduce its economic forecast for this year in response.
Larry Summers warns inflation outlook is ‘pretty grim,' urges Fed to move faster on rate hikes
Inflation is the worst it has been in four decades, with the price of everyday necessities like food, gasoline and cars surging in recent months.
Here's what the Fed's rate hike means for your wallet
The Federal Reserve raised interest rates for the first time since 2018 at its March meeting. Here's what that means for consumers.
Varney: Politicians will feel stagflation at the ballot box
Stuart Varney notes in his "My Take" that while Americans are feeling stagflation in their wallets, politicians will soon feel it at the ballot box.
How your student loans could be impacted by the Fed rate hike
Variable student loan rates are likely to rise after the Federal Reserve's March interest rate increases. This could mean higher monthly loan payments for some current borrowers.
Powell says Fed could raise interest rates faster to combat red-hot inflation
Federal Reserve Chairman Jerome Powell said Monday the central bank is prepared to more aggressively raise interest rates if policymakers conclude that doing so is warranted to curb inflation.


















