Stories tagged: interest rates
UPDATED: Sat., Feb. 3, 2018
For more than a year, investors have brushed off bombastic talk about nuclear war, dysfunction on Capitol Hill and other worrisome situations. The Dow Jones industrial average and the Standard …
UPDATED: Wed., Dec. 13, 2017
The Federal Reserve is raising its key interest rate for the third time this year and foresees three additional increases in 2018, a vote of confidence that the U.S. economy …
UPDATED: Mon., Dec. 11, 2017
Investors seem certain about this: The Federal Reserve is going to raise interest rates this week for the third time this year.
Tue., Nov. 7, 2017
It will be Powell’s Fed. Assuming he’s confirmed by the Senate, Jerome (“Jay”) Powell will become the 16th chairman of the Federal Reserve Board in early 2018. Almost by definition, …
Mon., Aug. 21, 2017
The nation’s business economists believe that the Federal Reserve’s long-awaited move to start reducing its massive bond holdings will push long-term bond rates higher but most think the impact will …
Tue., Aug. 1, 2017
It’s hard to imagine President Trump reappointing her if she can’t navigate the Fed through the approaching shoals.
UPDATED: Wed., July 26, 2017
The Federal Reserve is keeping its benchmark interest rate unchanged at a time of low inflation, which remains persistently below the Fed’s target level.
UPDATED: Mon., July 24, 2017
The Federal Reserve has already achieved one of its two mandates: With the unemployment rate at just 4.4 percent, the Fed has essentially maximized employment.
UPDATED: Wed., July 12, 2017
Despite low inflation and a lot of uncertainties in the economic outlook, Federal Reserve Chair Janet Yellen said Wednesday she sees the need for the central bank to keep making …
Fri., July 7, 2017
The Federal Reserve said Friday it expects the U.S. economy will strengthen and warrant further gradual increases in its key interest rate.
Thu., July 6, 2017
Long-term U.S. mortgage rates rose this week to highest level since mid-May.
Thu., June 29, 2017
Long-term U.S. mortgage rates were unchanged to lower this week, as the benchmark 30-year rate reached a new low for the year.
Thu., June 22, 2017
Long-term U.S. mortgage rates dropped slightly this week.
Thu., June 15, 2017
Long-term U.S. mortgage rates edged up this week as the benchmark 30-year rate bounced back from a seven-month low.
UPDATED: Wed., June 14, 2017
The Federal Reserve has raised its benchmark interest rate for the third time in six months, providing its latest vote of confidence in a slow-growing but durable economy. The Fed …
Mon., June 12, 2017
The Washington political world is in disarray. Britain’s election tumult has scrambled the outlook for Europe. And economies in the United States and abroad are plodding along at a pace …
UPDATED: Fri., June 2, 2017
U.S. employers pulled back on hiring in May by adding only 138,000 jobs. Hiring was still enough to help keep pushing unemployment lower.
UPDATED: Wed., May 24, 2017
The central bank is watching for evidence that a recent slowdown in the economy is temporary and that inflation is heating up toward its goal before committing to another interest …
Thu., May 11, 2017
The Bank of England decided Thursday to keep its main interest rate at a record low of 0.25 percent as the economy weakens ahead of Britain’s departure from the European …
Thu., May 11, 2017
Mortgage rates wandered higher again this week after a brief slip but remain within a narrow band.
Thu., May 4, 2017
Long-term U.S. mortgage rates barely moved this week after rising last week for the first time in five weeks. The benchmark 30-year rate remained above the key threshold of 4 …
Wed., May 3, 2017
The Federal Reserve has left interest rates unchanged while signaling that it expects a resilient U.S. economy and solid job market to justify further rate hikes later this year.
Tue., May 2, 2017
Our wants and needs from government exceed our willingness to be taxed.
Tue., April 25, 2017
The Seattle area has notched its sixth-straight month as the hottest real-estate market in the country, as prices climb even faster heading into the peak buying season.
Thu., April 20, 2017
Mortgage rates continued their month-long swoon, sinking to their lowest levels in five months. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average tumbled to …
Thu., April 13, 2017
According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average slipped to 4.08 percent with an average 0.5 point. (Points are fees paid to a lender …
Thu., April 6, 2017
Long-term U.S. mortgage rates fell this week for a third straight week, approaching their low points for the year.
Thu., March 30, 2017
Long-term U.S. mortgage rates fell this week for a second straight week, slipping further from their highest levels of the year reached two weeks ago.
Thu., March 23, 2017
Long-term U.S. mortgage rates slid this week from their highest levels of 2017.
UPDATED: Wed., March 15, 2017
The Federal Reserve has raised its benchmark interest rate for the second time in three months and signaled that any further hikes this year will be gradual. The move reflects …