Then-Fed chair Paul Volcker attempted to address the issue by dramatically raising the central bank's benchmark rate to cool ...
The consumer price index rose 0.2% in October for the fourth straight month, and advanced 2.6% on an annual basis.
Homebuilding sector analysts at Raymond James and Associates see mortgage rates remaining “higher for longer,” given the ...
Inflation has cooled notably, but a pickup in annual price increases underscores that it is not fully back to normal.
Kansas City Federal Reserve Bank President Jeffrey Schmid on Wednesday said the U.S. central bank's interest-rate cuts to ...
Wall Street's three major indexes rose on Wednesday after October data showed consumer prices rising in line with ...
WASHINGTON — Inflation in the United States ticked up in October, driven by costlier rents, used cars and air fares, a sign ...
Federal Reserve Bank of Kansas City President Jeff Schmid on Wednesday sounded a note of caution about how much more the US ...
The Fed’s benchmark interest-rate should keep putting moderate downward pressure on demand while inflation remains above the Fed’s 2% target, Musalem said. Gradual rate cuts would be warranted ...
Many expected home loan rates to walk in the same direction as the Fed's benchmark interest rate. But mortgage rates also ...