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Scottsman Guide

Tag: Interest Rates

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

Mortgage demand plummets as rising rates scare away homebuyers

Purchase and refinance applications both declined last week: MBA

Overall wholesale inflation unchanged in June

Whole inflation held steady in June as economists eye a potential Fed rate cut in September

The surprising inflation news shows little impact so far from current tariffs

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

White House budget director attacks Fed chair on both monetary and fiscal fronts

OMB head Russell Vought sent a highly critical letter to Fed Chair Jerome Powell on July 10

Russell Vought criticized Jerome Powell’s handling of inflation and a costly office renovation project

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

Homebuyers resurface as mortgage demand gains steam

Applications for purchases and refinances both increased heading into the July Fourth holiday

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

BLS jobs report beats expectations, dampening chances of a July rate cut

U.S. employers added 147,000 nonfarm jobs in June, according to the U.S. Bureau of Labor Statistics (BLS)

Hiring trends continue to defy projections

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