What Does the Fed’s Rate Hike Mean for the Housing Market?
In the wake of the Federal Reserve’s decision to move forward with its long-hinted-at half-percent interest rate hike, two leading real estate industry economists said they don’t expect the recent rapid rises in mortgage rates to continue through to the...
Fed Hikes Rates, Hints at Increases to Come
The Federal Reserve launched a high-risk effort Wednesday to tame the worst inflation since the 1970s, raising its benchmark short-term interest rate and signaling up to seven rate hikes this year. The Fed’s quarter-point hike in its key rate, which it had pinned near...
‘Our Credibility Is on the Line’: Fed Officials Agree on Rate Hike, Little Else
A worsening inflation picture has touched off a range of opinions from the Federal Reserve’s policymakers about just how fast they should raise interest rates beginning at their next meeting in March. James Bullard, president of the Federal Reserve Bank of St. Louis,...
Powell, Brainard, Biden Feel Pressure from Inflation’s Rise
Inflation jumped at its fastest pace in nearly 40 years last month, a 7 percent spike from a year earlier that is increasing household expenses, eating into wage gains and heaping pressure on President Joe Biden and the Federal Reserve to address what has become the...This Week’s Paper: Digital Edition
