It's a reflection of the fact that inflation is perhaps going in the wrong direction, that it's stubbornly elevated, that we need to do a little bit more to bring inflation down. And that needing to do more obviously means higher interest rates. And in so doing, causes a little bit...
Also playing a role in pushing rates down were low inflation, fears of deflation, and savers seeking safety instead of taking the risks necessary to earn higher returns. The U.S. economy is among the strongest in the world right now, so there is little chance of the Federal Reserve ...
Also, interest rates dropped that day due to the lackluster jobs report. Coming into the office that day, a wise loan agent would have locked some loans or at the least knew interest rates would had gone down that day. Truly, the US economy is a highly interdependent organism that is ver...
Having guided investors and economists a few years ago that an interest rate cut was coming soon, the Fed chair, Jerome Powell, has more lately hinted that no cut was coming anytime soon. And since America usually leads the way on interest rates, that raises an unnerving question: c...
From interest rates to inflation, people in the know have ideas about what might happen in the coming year. Jessica WalrackJan. 31, 2025 Save Money on Newborn Baby Purchases One way to save is to use registry completion discounts from stores like Target, Amazon and ...
From interest rates to inflation, people in the know have ideas about what might happen in the coming year. Jessica WalrackJan. 31, 2025 Save Money on Newborn Baby Purchases One way to save is to use registry completion discounts from stores like Target, Amazon and Pottery B...
it was always likely that growth was going to slow from the unsustainable levels seen through last year. With interest rates high, this was always going to weigh on demand in the broader economy, so some slowing is expected. However, we think the consumer, which is the real engine of the...
That appears to be the case now—i.e., prospective risks are now rising and do not appear appropriately priced in because of a) a backward looking at risk and b) corporate leveraging up has been high because interest rates are low relative to many companies’ projected ROEs and because pas...
it was always likely that growth was going to slow from the unsustainable levels seen through last year. With interest rates high, this was always going to weigh on demand in the broader economy, so some slowing is expected. However, we think the consumer, which is the real engine of the...
— As interest rates and inflation remain high, more Americans are finding it tougher to get approved for new loans or credit. Rejection rates for credit cards, mortgages and auto loans all rose in 2024, and are all well above pre-pandemic levels. Rochester resident Ali Sifuentes knows ...