Por: ABC News Business September 22, 2022
The Federal Reserve’s string of has thrown cold water on the once red-hot housing market.Existing home sales fell for the seventh straight month in August, down 0.4%, according to the National Association of Realtors, as the central bank aggressively raises interest rates to and drive down high inflation. That has led to higher mortgage rates, increasing borrowing costs for home buyers by hundreds of dollars a month.The average rate on a... + full article
CBS News USA Business September 22, 2022
The Federal Reserve on Wednesday said it is once again turning to its most powerful weapon to tamp down the in 40 years: Boosting interest rates. The central bank raised its benchmark interest rate by 0.75 percentage point, marking the fifth hike this year and the third... + más
Inflation is a global problem, here's how central banks are addressing it | CNN
High inflation in sight, Fed to signal more rate hikes ahead | ABC News
CNN USA Business September 22, 2022
New York (CNN Business)Just like misery, inflation loves company. And as price increases linger near 40-year highs, the United States has plenty of it. A perfect storm of stimulus cash during the pandemic, a strong demand for goods, geopolitical chaos and supply chain kinks have... + más
Bayley Comments on Sasha Banks and Naomi's Hiatus, Potential Return to WWE | Bleacher Report
It’s time to stop believing in immaculate disinflation | The Boston Globe
This is an updated version of a story that originally ran on August 26, 2022. In its continued bid to quash high inflation, the Federal Reserve on Wednesday the overnight bank lending rate to a range of 3% to 3.25%. It is the fifth increase by the US central bank in six months... + más
How steep Fed rate hikes affect your finances | 10 WBNS
How steep Fed rate hikes affect your finances | ABC News
Average long-term U.S. mortgage rates jumped by more than a quarter-point this week to their highest level since 2007 as the Federal Reserve intensified its effort to tamp down decades-high inflation and cool the economy.Mortgage buyer Freddie Mac Thursday that the 30-year rate... + más
Mortgage rates rise to nearly 6.3%, the highest level since 2008 | CNN
Average US long-term mortgage rates climb to 6.29% this week | ABC News
Americans looking to buy or rent a home have had a rough year. Rents are up by in some cities. Meanwhile, buying a home is the most unaffordable it has been since the mid-1980s. Mortgage rates have and home prices remain just off the hit in recent months, pricing many... + más
'Captain America' fixes hurricane hit roofs in New Orleans | ABC News
Why is a small Swedish automaker a decade ahead of the rest of the industry? | Ars Technica
Mortgage rates jumped higher for the fifth week in a row, further pushing past 6% in the face of yet another aggressive interest rate hike by the Federal Reserve. More from Financial Empowerment The 30-year fixed-rate mortgage averaged 6.29% in the week ending September 22, up... + más
Average US long-term mortgage rates climb to 6.29% this week | Associated Press
ABC News USA Business September 21, 2022
WASHINGTON -- Last month, when Federal Reserve Chair Jerome Powell spoke at an economic conference in Jackson Hole, Wyoming, he issued a blunt warning: The Fed’s drive to curb inflation by aggressively raising interest rates, he said, would “bring some pain for... + más
How much 'pain'? Fed to signal more rate hikes ahead | Associated Press
Global shares decline ahead of Fed decision on rates | ABC News
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