How the Fed’s moves are impacting CD rates
Interest rates on certificates of deposits (CDs) had increased substantially from 2022 to 2023—in lock-step with the Fed’s rate hikes.…
Don’t expect lower rates to save debt-burdened office buildings
Any hopes that falling borrowing costs would stem the pain from the US office downturn were swept away this week.…
It’s been exactly a year since the Fed’s last rate hike, and these parts of the economy are finally feeling the squeeze
In the year since the Federal Reserve brought interest rates to a more than two-decade high, the central bank has…
The housing market’s lock-in effect could last into the next decade as mortgage rates stay high even with Fed cuts, BofA says
The lock-in effect that has kept U.S. housing market activity subdued probably isn’t going away this year or next year or…
