The founder and chairman of privately held Equity Group Investments said in a recent Fox Business interview that there’s little comfort to be had in the recent softening mortgage rates because the Federal Reserve is likely to continue with its string of rate hikes to catch up in taming inflation. CLICK ON THE HEADLINE FOR MORE
The Fed has boosted the cost of short-term borrowing aggressively this year in its battle to curb inflation. But according to New York Federal Reserve President John Williams, a rate cut is possible in 2024 as inflation pressures likely ease. CLICK ON THE HEADLINE FOR MORE
Fed Could Lower Interest Rates In 2024 Read More »
WalletHub just did a study looking at 22 major metropolitan areas and put together a list of which areas have the highest inflation. It ranked cities according to a combination of their consumer price inflation in the latest month versus two months ago and versus a year ago. So what does the surge in inflation mean for the economy? CLICK ON THE HEADLINE FOR MORE
The Cities With the Highest Inflation May Shock You Read More »
