The US Federal Reserve may have to hold back interest rate hike for some time now as its 19 months of historic hikes to tamp down on inflation is driving consumer prices high on car loans, housing mortgages are the highest, realty rates .
A key market indicator hasn t been this high since the Great Recession | Consumer Watch wsiltv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wsiltv.com Daily Mail and Mail on Sunday newspapers.
For a while now the theme of “higher for longer” has dominated market speak – that’s the idea that the Federal Reserve will keep interest rates elevated for a prolonged period of time to bring inflation down.
Treasury yields are sky high Here s why you should care cnn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnn.com Daily Mail and Mail on Sunday newspapers.