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- Federal Reserve officials expressed confidence they can raise interest rates gradually, while a hike “fairly soon” might be appropriate to avoid the risk of an overheated economy, minutes of Federal Open Market Committee’s latest meeting showed.
Tags » Interest Rates
Did you know how the eligibility for loan calculated by the banks? Then here is where you will be getting some idea. The most important thing to know is that the banks will only give you the amount if they are able to fore-see that you can repay in time. 453 more words
The Trump economic plan has spawned a bull market in optimism, sending CEO spirits and stock prices soaring. But a spike in another metric–interest rates–threatens to scuttle the President’s pledge to restore American growth to heights unseen since well before the Great Recession. 1,074 more words
Many Federal Reserve policymakers said it may be appropriate to raise interest rates again “fairly soon” should jobs and inflation data come in line with expectations, according to the minutes of the Fed’s last policy meeting released on Wednesday. 396 more words
Existing-home sales ran at a seasonally adjusted annual pace of 5.69 million, the National Association of Realtors said Wednesday. That was 3.3 percent above an upwardly-revised 5.51 million in December and 3.8 percent higher than a year ago. 667 more words