US payroll may lose 500,000 jobs in US government data revision
US payroll growth in the year through March may have been weaker than previously reported — to the tune of ...
Tag: interest rates
Home sales slump in July as bidding wars drive prices higher
Sales of previously occupied US homes fell last month to the slowest pace since January, as elevated mortgage rates and ...
Mortgage rates hit 7.09% — highest in over 20 years
The average long-term US mortgage rate jumped this week to its highest level in 20 years, grim news for would-be ...
Existing home sales tumble to 5-month low in June
Sales of previously occupied US homes fell in June to the slowest pace since January, as a near-historic low number ...
Fed’s Jerome Powell says more rate hikes are likely this year
With inflation in the United States still excessive, most Federal Reserve officials expect to raise interest rates further this year, Chair Jerome ...
Fed’s preferred inflation gauge rose to 4.4% in April
A key index of US prices ticked higher in April, and consumer spending rebounded, a sign that inflationary pressures in ...
GDP growth slowed sharply in latest quarter amid Fed rate hikes
The U.S. economy slowed sharply from January through March, decelerating to just a 1.1% annual pace as higher interest rates ...
Several Fed officials considered rate pause, but agreed to hike: minutes
Several Federal Reserve officials at the central bank’s policy meeting last month considered pausing interest rate increases until it was clear ...
Bitcoin surges past $30,000 as investors eye end of rate hikes
Major cryptocurrency bitcoin breached the key $30,000 level for the first time in 10 months on Tuesday, adding to its ...
Fed President James Bullard expects rates as high as 5.75%
St. Louis Federal Reserve president James Bullard said Friday the US likely will need higher than expected interest rates to contain inflation ...
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