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Nov 01 2022
Fed Meeting to Focus on Interest Rates’ Coming Path
Wall Street analysts will be focused Wednesday on what Federal Reserve Chairman Jerome Powell says about whether the central bank might slow down interest-rate rises at its next policy meeting in December.
Fed officials have already indicated that they are likely to raise their benchmark federal-funds rate by 0.75 percentage point this week to a range between 3.75% and 4%. That wouldWall Street Journal (News)
Jun 02 2023
Mortgage rates jump to highest level since November
The average long-term U.S. mortgage rate climbed this week to its highest level since November, according to weekly data compiled by mortgage buyer Freddie Mac.
The rate on the 30-year fixed mortgage rose to 6.79% this week from 6.57% a week ago. One year ago, it averaged 5.09%.
"Mortgage rates jumped this week, as a buoyant economy has prompted the market to price-in theFox Business
Mar 22 2023
Federal Reserve raises interest rates 0.25% to highest since 2007 amid bank crisis
The Federal Reserve raised the target range for its benchmark interest rate by 0.25% on Wednesday as it battles stubborn inflation and a banking crisis which has pushed the central bank into taking its most significant emergency actions since the onset of the pandemic.
The rate hike brings the Fed's policy rate, the federal funds rate, to a new range of 4.75%-5%, the highest sinceYahoo News
Mar 22 2023
Amid banking uncertainty, Federal Reserve set to announce pivotal interest rate decision - The Boston Globe
For some critics of the rate hike effort over the past year, the collapse of the banks adds to their fears that the Fed’s push could destabilize the broader economy. Fed monetary policymakers have had to weigh continuing their aggressive fight on still-high inflation against concerns about the stability of US banks, whose finances have been rocked by those fast-rising interest rates over theThe Boston Globe
Feb 01 2023
Fed raises interest rates by a quarter point but signals inflation fight's not over
The Federal Reserve on Wednesday raised its benchmark interest rate by a quarter of a point, further slowing its aggressive campaign to cool the economy amid growing evidence that stubbornly high inflation is finally starting to ease.
The widely expected move puts the key benchmark federal funds rate at a range of 4.5% to 4.75%, the highest since 2007, from near zero in March 2022. ItFox Business
Jan 30 2023
The Federal Reserve is likely to hike interest rates again. What that means for you
The Federal Reserve is widely expected to announce its eighth consecutive rate hike at this week’s policy meeting.
This time, Fed officials likely will approve a 0.25 percentage point increase as inflation starts to ease, a more modest pace compared with earlier super-size moves in 2022.
Still, any boost in the benchmark rate means borrowers will pay even more interest on creditCNBC
Aug 29 2022
US shares fall on threat of interest rate rises
Stock markets in the US opened lower on Monday amid concerns the country's central bank will push ahead with further interest rate rises.
Jerome Powell, chairman of the Federal Reserve, said hikes would continue in a bid to stem the rate of rising prices.
The Dow Jones Industrial Average, the technology heavy-Nasdaq and S&P 500 indexes all fell in early trading.BBC News
Apr 25 2023
The Disparate Interests of Tucker Carlson and Fox News
Tucker Carlson’s sudden departure from Fox News was so unexpected, the channel was running commercials promoting his show Monday morning. There are some facts you should have in mind when attempting to make sense of Carlson’s departure.
Tucker Carlson’s final program attracted 2.65 million viewers. Over the past year, there’s been an intriguing shift in Fox News’ viewership, as lastJim Geraghty
May 25 2023
Sean Payton says release of kicker Brandon McManus was in best interest of Broncos
The Broncos’ first day of OTAs open to media members Thursday was spirited and filled with energy. Yet, there was one thing that was missing. Denver didn’t have a kicker in attendance after releasing Brandon McManus on Tuesday. Although three kickers worked out for the Broncos on Wednesday, none were signed, forcing the team to use a machine during practice. Despite a rough 2022 season, theThe Denver Post
May 20 2023
Martin Amis, Author of 'Money' and 'The Zone of Interest,' Dies at 73
(NEW YORK) — British novelist Martin Amis, who brought a rock ‘n’ roll sensibility to his stories and lifestyle, has died. He was 73. His death on Friday at his home in Florida, from cancer of the esophagus, was confirmed by his agent, Andrew Wylie, on Saturday. Amis was the son of another British writer, Kingsley Amis. Martin Amis was a leading voice among a generation of writers thatTime Magazine