Page 9 - Matt Eagan News Today

Housing markets like san diego, seattle, san francisco. theyve seen home prices drop, you know, going forward in the housing market, so much depends on what happens with mortgage rates if the fed is able to pause its interest rate hiking campaign, maybe mortgage rates can actually start to come down a bit. and that would, of course, boost demand for housing and you could see home prices start to go back up. inflation of course , complicating that process of freezing the mortgage rate hikes. matt...

Swiss central bank and other governments are standing firmly behind their institutions. so i dont think theres any concern about this. you know the banking system in general, but if youre a shareholder stockholder in these companies, or if youre a bondholder, youve lent money to these companies. you know, theres i think theres some concern there about the you know not only about the viability but more so about the long term growth prospects in the context of the things that are going on. so for ...

Balance. if youre making minimum payments, it would take you more than 15 years to pay that off at current rates, and during that time frame, you would rack up over $2700 in interest now. there is never a good time to have a credit card balance or to make the minimum payment. but this is probably the worst time and all because of the feds werent inflation. i mean, that is a very important warning for everybody else. its good to see you, matt. thank you so much. appreciate it at this hour. secret...

And the go getters. theres granger supplies and solutions for every industry plus 24 7 support and over 250 local branches, call click ranger .com or just stop by granger for the ones who get it done tonight, 150 million americans use tiktok app in everyones pocket a national security threat. im concerned that this could be used propaganda to it. the tiktok ceo makes his case to lawmakers. philip host time up for tiktok tonight at nine. the federal reserve met and the federal reserve raised rate...

Case that the is under attack by republicans. wall street cheering the news that rate hikes may be coming to an end the dow up here as you can see over 200 points, the fed raised interest rates for the ninth straight time yesterday. you can see there. we can barely fit them all on one chart right, but fed chair jerome powell signaled it could be the last rate hike of this aggressive cycle. that means the borrowing costs will stop rising and the fed thinks its harsh medicine on inflation may fina...

Feds job for it right. its cooling the economy off by making it harder for us to get loans and more expensive to have credit card debt and mortgages. um powell even said we can think of this as basically the equivalent of one interest rate hike or, he said, maybe more and i think thats actually the whole problem here is no one. not even the fed knows just how much damage this is going to do to the economy. and ironically, briana, you know if this proves to be a brief episode, which we hope it do...

that is where the ceo of tiktok is facing withering criticism from lawmakers. the app, which has a reported 150 million users in the us alone is facing a potential u. s ban over national security concerns. this stems from the fact that its comparing company bite dance is based in china. the ceo you see right there testifying live show chu is pushing back hard against this criticism, telling them and fears really telling them that the app is not a vehicle for the chinese government to s...

Governor alluded to that that that they guns in schools, starting with columbine have a very bad history. in colorado, and then i think it begins to also look at the parents and guardians. youre starting to see courts look to the parents in some sort of negligence standard. why did a minor have access to a gun? was there a gun in the home that was accessible to the minor. youre starting to see some cases hold parents or guardians liable for the conduct of students under 18. all right, juliette k...

This month. that was that happened a bit earlier this month, joining us now to break all this down. cnns matt eagan and mark zandi, chief economist for moodys analytics, mark matt to you first, lets just put up on the screen, the line of the inflation rate over the past year or so the fed has consistently raised rates. ah the expectation if you took the banking crisis aside would be that they would raise rates again to try to corral inflation. but a lot of people say enough volatility time out. ...

More isolated than systemic. but clearly he is trying to make sure the public understands that their deposits in the bank are safe because matt eagan live from the federal reserve markets appearing to seesaw so far after the news. well see where they are at four oclock, matt, thank you so much. meantime over on capitol hill negotiations between house republicans and the white house over the debt ceiling or at a standstill. house republican members have yet to produce a budget outlining their pro...