In December 2022, the Federal Reserve announced the seventh consecutive increase to the federal funds rate and indicated it intented to continue raising interestrates going forward. The ...
Last month the Federal Reserve announced a big half-point cut in interestrates, a first since March 2020. So why have mortgage rates have continued to increase since the cut? The aggressive ...
The median estimate in the Fed’s Summary of Economic Projections, published on Wednesday afternoon, calls for a target range for the federal-funds rate of 4.5% to 4.75% at the end of 2024.
Michelle is a credit expert, freelance writer and founder of CreditWriter.com. She has over 20 years of experience writing and speaking about credit and money, and focuses on helping families and ...