Tag: Federal Reserve

Real Estate

After Decades of Low Mortgage Rates, Homebuyers Are Facing a New Normal

Photo illustration by Connor Lin / The Daily Upside, Photo via Freepik

Inflation has pushed borrowing costs to squeamish heights, but economists say high mortgage rates aren’t a good reason to stop house hunting.

5 min read

Photo via Thomas Imo/picture alliance / photothek.de/Newscom

Inflation & Prices

As Soaring Energy Prices Boost Inflation, Refiners Have Become Money Machines

A 9.1% jump in gasoline prices from a month earlier accounted for more than half of the 0.6% monthly increase in all prices from August.

2 min read
Photo via Gent Shkullaku/ZUMAPRESS/Newscom

Markets

Brisk $39 Billion Treasury Auction Offers Bond Market Breather

The yield on the yield fell to 5.282%, after rising to the highest level since 2002 ahead of Wednesday’s auction.

2 min read
Photo via JOHN ANGELILLO/UPI/Newscom

Markets

Appetite for US Bonds as Safe Haven Rebounds After Global Yields Spike

The yield on the 10-year Treasury note finished September with the biggest quarterly gain since 1994 and reached a 24-year high of 5.34%.

2 min read

Indicators

Consumers Aren’t Buying Stable Job Market Data

Photo via Lindsey Nicholson/UCG/Universal Images Group/Newscom

On Tuesday, The Conference Board said its consumer confidence index fell to its lowest level in 12 years in September.

1 min read

Energy

Fed Raises Interest Rates for First Time in Three Years as Diesel, Gas Prices Surge

Photo via Paul Weaver/Sipa USA/Newscom

It’s the central bank’s first increase since 2023, a move that looked far from certain as recently as one week ago.

2 min read

Inflation & Prices

Warsh’s “Quiet Fed” Approach Adds a Hawkish Call at Jackson Hole

Photo via The Federal Reserve Bank of Kansas City

Since taking over as Fed chair in late May, Warsh has made it clear he is less comfortable providing forward guidance than his predecessor.

2 min read

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