May 1, 2024: Fed meeting recap: Powell pretty much rules out a hike as the central banks next move.
Jerome Powell and the Federal Reserve kept interest rates unchanged at their May meeting and further dampened the talk about the Fed...
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Andrew Belcher
- May 1
- 1 min
Apr. 18, 2024: Mortgage rates are now at the highest level of the year, and could still climb.
The average rate on a 30-year mortgage crossed 7% again on April 1st and is now hovering around 7.5% according to Mortgage News Daily....
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Andrew Belcher
- May 1
- 1 min
Apr. 5, 2024: Fed governor Bowman says additional rate hike could be needed if inflation stays higher.
As year-over-year inflation figures remain stubbornly high, Fed governor Bowman (who is a voting member in the rate-setting FOMC), said...
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Andrew Belcher
- Apr 27
- 1 min
Apr. 3, 2024: Fed's Powell emphasized need for more evidence that inflation is easing before rate cuts.
Fed Chair Powell indicated that with the strength of the economy as of late, more time is needed to evaluate the incoming date. "We do...
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