All eyes on the Fed as interest rate cuts have yet to materialize
From credit cards to mortgages, it’s expensive to borrow money. The Fed has kept interest rates high to help slow the economy and lower inflation. […]
interest
High Federal Reserve interest rates are making it hard to buy a car
Antonio Ramos had been looking for a car for years before he eventually gave up. “I just stopped because it seems pointless,” said Ramos. When […]
Federal Reserve decides not to increase interest rates
The Federal Reserve decided Wednesday afternoon not to raise interest rates, marking a second straight instance it declined to raise rates. The Federal Reserve kept […]
More Americans unable to afford home ownership as interest rates climb
As mortgage rates reach their highest level in 23 years, more Americans are putting off home buying. The 30-year mortgage rate averaged 7.49% as of […]