The Fed Raises Interest Rates Above 5 Percent
The new range of 5-5.25 percent is the highest since September 2007
The new range of 5-5.25 percent is the highest since September 2007
Indexes which increased in March include shelter, motor vehicle insurance, airline fares, household furnishings and operations and new vehicles
Gen Zers and Millennials who signed a new lease in December saw their cost of goods and services increase 5.6 ...
The move brings the policy rate to the highest point since 2007
The move marks a third straight rate increase in the battle against the fastest inflation in decades
The market outlook is good for drivers, but tough on homebuyers…
The move is the largest since May 2000. So what does it mean for the housing market?
Driven by housing costs and supply chain struggles, inflation has jumped to the highest level in nearly 40 years
Inflation is a key forecast concern with expectations upgraded to average 6.2 percent on an annual basis
The monthly report notes persistent supply chain disruptions and labor market tightness as stressors
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