inflation
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Business
30-Year Mortgage Rates Breach 7% as Treasury Yields Reach 19-Year Highs
The average rate on a 30-year fixed-rate mortgage climbed to 7.03% this week, marking the first time borrowing costs have…
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Business
U.S. Debt Adds About 1.5 Percentage Points to Consumer Borrowing Costs, Analysis Says
WASHINGTON — Federal debt levels have pushed consumer interest rates about 1.5 percentage points higher than they would be if…
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Business
Why $100,000 No Longer Feels Like Enough
WASHINGTON — A survey conducted by the Harris Poll found that 64% of six-figure earners now view a $100,000 salary…
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Business
Why U.S. Borrowing Costs May Stay High Despite Fed Pressure
WASHINGTON — The U.S. financial system is undergoing a profound structural transformation after nearly fifteen years shaped by ultra-low interest…
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Business
Fed Raises Rates as Inflation Stays Above Target and Trump Objects
WASHINGTON — The Federal Open Market Committee voted unanimously to lift the benchmark interest rate by 25 basis points, setting…
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Business
Fed Raises Rates as U.S. Growth Surges and Inflation Stays High
WASHINGTON — The Federal Reserve raised its benchmark interest rate by a quarter of a percentage point on Wednesday, moving…
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Business
Fed Raises Rates as Inflation Pressure Broadens
WASHINGTON — The Federal Reserve raised its benchmark federal funds rate by a quarter percentage point on Wednesday, bringing the…
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Crypto
Fed Raises Rates as Trump Pushes for Cuts
WASHINGTON — The Federal Open Market Committee voted 12-0 Wednesday to lift the federal funds target range to 3.75%–4.00% from…
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Business
Trump Turns Corporate CEOs Into His Inflation Defense
WASHINGTON — The U.S. Department of the Treasury is scheduled to release a promotional video across its social media channels…
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Business
Bond Markets Tighten the Limits on Washington
WASHINGTON — The U.S. Treasury market is establishing strict parameters for federal monetary and fiscal policy as the Federal Open…
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