Fed's Unwinding Of Crisis Programs Expected To Push Up Interest Rates Very Gradually
The Federal Reserve in October will begin unwinding the extraordinary stimulus it used to battle the Great Recession. That means that over the long run, rates on car loans and mortgages could go up.
Mortgage applications slide 2.8%, even as interest rates stay low
Total mortgage application volume fell 2.8 percent last week compared with the previous week, according to the Mortgage Bankers Association.
Next up for markets: Fed could set a hawkish tone
The Fed could impact markets when it releases the minutes from its last meeting, particularly if it appears confident about raising interest rates.
Fed Raises Key Interest Rate For 4th Time Since 2015
The quarter-point increase in the Federal Reserve's benchmark rate was widely expected. Rates are still near historic lows, but the increase will mean higher borrowing costs for consumers.
Fed Officials Likely to Raise Rates in June, Finalize Plans to Reduce Portfolio
Federal Reserve officials are likely to raise short-term interest rates at their meeting in two weeks and announce their framework for shrinking a $4.5 trillion portfolio of bonds and other assets later this year.
Fed may have to hike interest rates faster, Rosengren says
Boston Fed president sees unemployment rate dropping to 4.5% next year Bloomberg News/Landov Federal Reserve Bank of Boston President Eric Rosengren The Federal Reserve may have to be more aggressive in raising interest rates than the measured pace it currently projects, Boston Fed President Eric Rosengren said on Friday. The Fed’s latest economic forecast sees interest rates a little above 1% by the end of next year and just under 2% in 2018. “My own view is that if the unemployment rate…
Interest Rate Hike: What Will The US Federal Reserve Do At Its September Meeting?
The European Central Bank gave the U.S. Federal Reserve maneuvering room by not extending its asset-buying program beyond March.
Fed’s Dislike of Negative Interest Rates Points to Limits of Stimulus Measures
Federal Reserve officials are content to watch others’ experience of negative rates from a distance
Mortgage Rates: Rising Slowly As Yellen & Co. Prepare to Meet
Mortgage rates rose for the third straight week, with 30-year, fixed-rate home loans averaging 3.66 percent, according to Freddie Mac. A year ago, a typical loan was 3.87 percent. Home loans are getting more expensive as the economy slowly gains strength and Federal Reserve policymakers hint that they might increase their [...]