Tag: interest rates
Sales of New Homes Surge; Mortgage Rates Tick Up
(Associated Press) The market for newly constructed homes in the U.S. continued its upward climb in August, despite the ongoing pandemic and...
Has the Fed Let the Inflation Genie Out of the Bottle?
(Stefan Gleason, Money Metals News Service) The dramatic ascent of precious metals markets this summer reflects what could be just the start...
‘Shadow’ Lenders Can Leave College Students in the Dark
(Associated Press) A new high school graduate may take out about $37,200 in student loans for college, according to a recent NerdWallet...
Mnuchin Urges Swift Aid Bill; Ex-Fed Chairs Want Bigger Deal
(Associated Press) Treasury Secretary Steven Mnuchin urged Congress Friday to quickly enact a new pandemic relief package targeting hardest-hit swaths of the...
Stocks Fall Sharply as Investors Turn Jittery
(Associated Press) Stocks and bond yields are down sharply on Wall Street as optimism that the reopening of businesses would drive a...
Inside Tricks to Pay Less Interest on Debt
(Associated Press) Maybe you've been working through credit card debt for a while now. Or maybe you racked it up recently as...
Powell: Fed to Soon Begin ‘Main Street Lending’
(Associated Press) Federal Reserve Chair Jerome Powell acknowledged Friday that the Fed faces a major challenge with the launch in the coming...
Powell: Recovery Will Likely Be Slow, Negative Rates NOT Good Policy
(Associated Press) Federal Reserve Chair Jerome Powell expressed optimism Sunday that the U.S. economy can begin to recover from a devastating recession...
Crisis Exposes Devastating Result of Ongoing Fed Policy: Americans Have No...
(Jp Cortez, Money Metals News Service) Two weeks ago, during a March 17 address to the nation in response to the COVID-19...
Fed Launches New Intervention to Prevent Central Banks from Selling U.S....
(Associated Press) The Federal Reserve is intervening once again to try to smooth out the world's lending markets, this time by lending...
