Russia, Ukraine crisis will hit global economy: NABE Survey
The Russia, Ukraine conflict is becoming a bigger headwind for the global economy as it recovers from the COVID-19 pandemic.
Fed rate hike sends mortgage rates soaring past 4%
Following the Federal Reserve's decision to raise rates, mortgage rates surged past 4% this week for the first time since 2019, according to Freddie Mac.
Fed governor says bigger rate hike may be needed to tame inflation, in contrast with Powell
Federal Reserve Governor Christopher Waller said Friday the U.S. central bank should consider enacting a half-point interest rate hike at some point this year and begin unwinding the balance sheet by July in order to combat "raging" inflation.
Fed's Bullard says interest rates need to rise above 3% to quell inflation
St. Louis Federal Reserve President James Bullard said Friday the U.S. central bank needs to raise interest rates much faster in order to combat the hottest inflation in four decades – or risk losing its credibility.
Wholesale inflation surges 10% in February: Here's how consumers are affected
Wholesale inflation surged in February, driven by rising gas prices. This could mean higher prices for consumers in the weeks to come.
Inflation will be long-term problem if Fed doesn’t ‘wake up and smell the coffee’: Art Laffer
Art Laffer warns of a 'deep recession' if the Fed doesn't raise rates more aggressively.
Oil price surge may ‘lead to recession’ amid Fed’s rate hike: Kyle Bass
Hayman Capital Management founder and CIO Kyle Bass on the Fed rate hike.
Here's how the Fed's rate hike could impact mortgages
Though mortgage rates do not follow the federal funds rate, they do typically follow the yield on the 10-year Treasury. Following the Fed's announcement, the 10-year Treasury yield spiked to 2.246%, its highest level since May 2019.
Federal Reserve raises interest rates: What to do now
In order to fight decades-high inflation levels, the Federal Reserve raised rates for the first time since 2018 on Wednesday.
ETFs that can benefit from rising interest rates
FOX Business provides a roundup of ETF opportunities where investors can benefit from rising interest rates.
Fed raises interest rates for first time in 3 years, projects 6 more hikes as inflation soars
The Federal Reserve on Wednesday announced it will raise rates for the first time since 2018, bringing to an end the ultra-easy monetary policy put in place two years ago to prop up the economy through the COVID-19 pandemic.
Senate committee to vote Wednesday on Biden's Fed nominees after Raskin bows out
The U.S. Senate Banking Committee plans to hold a meeting Wednesday to vote on advancing four nominees for the Federal Reserve, including the renomination of Chairman Jerome Powell.
Larry Summers' new warning: Fed heading for 'stagflation and recession'
Former Treasury Secretary Larry Summers slammed the Federal Reserve Wednesday for being too timid in its fight against inflation.
Biden Fed nominee Sarah Bloom Raskin withdraws board candidacy
Sarah Bloom Raskin, President Biden's embattled pick for the Federal Reserve's top banking regulator, withdrew her nomination on Tuesday, according to a source familiar with the matter, after Republicans and one key Democrat opposed her nomination.
McConnell to Biden: Pull 'radical and unacceptable' Fed nominee Raskin, who wants to 'raise gas prices'
Senate Minority Leader Mitch McConnell Tuesday said President Biden should "admit" his mistake and withdraw Fed nominee Sarah Bloom Raskin.
Rep. Hill torches Biden over inflation blame game ‘nonsense’
Rep. French Hill, R-Ark., slammed President Biden over his argument that rising prices in the United States have "nothing to do" with his administration’s policies.
White House stands by Fed nominee as Manchin jumps ship over her anti-US energy comments
The Biden administration on Monday said it will still push for the confirmation of controversial Federal Reserve Board nominee Sarah Bloom Raskin, despite a key Democratic senator pulling his support.
Federal Reserve expected to hike interest rates this week, despite Ukraine volatility
The Federal Reserve is expected to begin raising interest rates this week for the first time in three years as policymakers look to cool red-hot inflation, a move that comes at a precarious time for the U.S. economy as it confronts a continuing pandemic and a war in Europe.
Manchin opposes Sarah Bloom Raskin for Fed over energy comments, dashing prospects of Biden nominee
Without Sen. Manchin's vote, Sarah Bloom Raskin will need at least one Republican to support her in order to be confirmed -- an unlikely prospect.
Americans' inflation fears return to 11-year high, New York Fed survey shows
Americans' inflation fears skyrocketed again in February, with concerns over prices hitting the highest level in over a decade, according to a Federal Reserve Bank of New York survey published Monday.

















