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Scottsman Guide

Tag: Economy

Will the U.S. ever get its national debt under control?

A Q&A with Rick Sharga, founder and CEO of CJ Patrick Co.

Housing inventory balloons as home sale cancellations surge

There were 1.36 million homes for sale last month, according to Zillow

Federal Reserve members speak out on interest rate cuts

Federal Reserve members remain split on interest rate cuts, with Christopher Waller calling for a July rate cut but others taking a cautious approach.

Fed Governor Christopher Waller officially calls for a July rate cut

Consumer sentiment improving, but well short of December levels

Inflation and recession probability

High-wealth consumers are also feeling gloomier than they did at the end of 2024

Mortgage rates increase following reports of inflation uptick

Interest rates rise for the second week in a row after month-over-month inflation reading increased by 0.3%

June inflation report may have shut the door on a Fed rate cut in July

The June inflation report from the BLS showed that headline inflation rose 0.3% month over month to an annual rate of 2.7%

Tariff impacts are starting to appear in consumer prices

Trump administration keeps the heat on Federal Reserve Chair Jerome Powell

Whether or not the president can fire Powell still “being looked into” by White House

Mortgage rates rise following robust jobs report

Following five weeks of declines, the 30-year fixed-rate mortgage gained five basis points to average 6.72% for the week ending June 10

The gains to 30-year and 15-year rates follow five weeks of declines: Freddie Mac

Fed meeting minutes reveal fissures on potential rate cuts

The Fed meeting minutes from June show a central bank split on the timing of potential interest rate cuts

Tariff uncertainty and a resilient labor market have put the central bank in a dicey spot

Inflation fears ebb, though consumers are still cutting back on spending

Survey of Consumer Expectations data revealed that median expectations for the year-ahead inflation rate decreased to 3% in June

Year-ahead consumer inflation expectations dipped to 3%: New York Fed survey

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