banking / credit

Housing market chills chomp on Fed mortgage bond exit

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The Federal Reserve launched a smaller fee hike on Wednesday, whereas hinting it might quickly ease its battle in opposition to inflation, even earlier than squeezing its pile of mortgage bonds. “We have now no incentive and no intention to tighten,” mentioned Fed Chairman Jerome Powell He mentioned in his press convention After the choice … Read more

The Fed says it will not cut interest rates in 2023. Markets disagree. Who is right?

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font dimension Marriner S. Eccles Federal Reserve Constructing in Washington, D.C. Kevin Deitch/Getty Photos Concerning the writer: Christopher Good Chief World Strategist and President of the Barings Institute of Funding, and a former senior official for financial coverage on the US Treasury Division and the White Home. The US Federal Reserve couldn’t be clearer. Hawks … Read more