Por: The Boston Globe Opinion September 23, 2022
In his Sept. 22 Opinion column, Abdallah Fayyad points out that the Federal Reserve’s interest rate hikes will lead to unemployment. includes other tools to fight inflation. In particular, taxes can be raised to cool demand during boom times and lowered during times of weak demand. While the Fed’s interest rate hikes disproportionately affect high-cost items such as housing, a broad tax increase cools demand relatively evenly and is less... + 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
Washington, DC (CNN Business)The Federal Reserve made history on Wednesday, approving a third consecutive 75-basis-point hike in an aggressive move to tackle The supersized hike, which was unfathomable by markets just months ago, takes the central bank's benchmark lending... + más
This is how the Fed's latest interest-rate hike will affect you | CBS News
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
Hong Kong (CNN Business)Hong Kong stocks hit their lowest level in more than a decade Thursday and other Asian markets also fell after the US Federal Reserve and forecast even more hikes ahead, fueling concerns about a recession. The Hang Seng Index () fell as much as 2.6%,... + más
Taiwan becomes growing destination for Hong Kong residents looking for more freedom | ABC News
Asia stocks follow Wall Street down as Fed fights inflation | 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
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
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