Tag: mortgage rates

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Leave a comment Interest Rates: what happens next Leave a comment

Interest Rates: what happens next

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On Wednesday, the US Federal Reserve raised its short-term interest rates by 75 basis points, to a range of 2.25% to 2.50% from a range of 1.5%-1.75%, their highest level since December 2018. If you’ve been following

Leave a comment Biden and Fed: here’s what we learned for the economy Leave a comment

Biden and Fed: here’s what we learned for the economy

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Both the Fed and Biden had big meetings this week. Biden gave a “this-is-not-a-state-of-the-union” state of the union address on part 2 of his “infrastructure” plans. The Fed had a “we’re-not-tapering-and-inflation-is-temporary” meeting on monetary policy.