Federal Reserve Chair Jerome Powell hints at more bad news for borrowers
By Bryan Mena, CNN
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By Bryan Mena, CNN
VIDEO EXCERPT FROM POWELL’S SPEECH ON AUG. 25. Originally Published: 25 AUG 23 10:03 ET Updated: 25 AUG 23 11:02 ET By Bryan Mena, CNN Washington, DC (CNN) — Additional interest rate hikes are still on the table and rates could remain elevated for longer than expected, Federal Reserve Chair Jerome Powell said Friday. Delivering a […]
US Treasury rates are white hot. That’s bad news for stocks and anyone planning to buy a home.
The latest news on the economy, jobs market, U.S. trade and housing, including the latest news and analysis on the Federal Reserve and Central Banking.