"When we came in, it was ‘egg-flation, egg-flation, egg-flation,’" Treasury Secretary Scott Bessent said Oct. 26 on NBC’s ...
Inflation may have cooled off from its peak of around 9% in 2022, but the beast has not been fully tamed. The Federal Reserve is aiming for a 2% inflation rate, and the central bank has resisted ...
Markets are rethinking the odds of a December rate cut as Fed officials express caution over inflation and labour data.
If you’re getting ready to buy a new home or refinance your mortgage in District of Columbia, understanding current rates is ...
Currently, the average interest rate on a 30-year fixed mortgage is 6.33%, compared to 6.29% a week ago, according to the ...
A faction within the American Federal Reserve's policymakers has intensified its warnings about the possibility of a slowdown ...
Mortgage Research Center. Rates averaged 5.4% for a 15-year financed mortgage and 6.07% for a 20-year financed mortgage.
The inflation rate has stubbornly refused to fall to the Fed's goal of 2%. Costco's business model makes it less sensitive to inflation than other retailers. The stock fell in line with the broad ...