The Federal Reserve is expected to raise interest rates again on Wednesday. Here's what that could mean for your wallet.
US COULD GET INTO AN INFLATIONARY SPIRAL ‘UNLIKE ANYTHING WE’VE SEEN': KEVIN HASSETTJohn Lonski, president of Thru the Cycle and former chief capital markets economist at Moody's Analytics, says consumers might not feel the pain of the Fed's initial rate increase of 25 basis points earlier this year, but they will certainly notice the hikes if they continue through 2022 as policymakers have signaled.
Although a series of rate increases is expected, forecasting the Fed's behavior for the rest of the year is "a fool's errand" given the uncertainty with Russia's war onFederal Reserve Chair Jerome Powell listens during a Senate Banking Committee hearing on Capitol Hill in Washington.Rates for a 30-year fixed mortgage already crossed above 5% as tracked by Freddie Mac.
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Central Bank Watch: Fed Speeches, Interest Rate Expectations Update; May Fed Meeting PreviewRates markets are fully pricing in a 50-bps rate hike by the Federal Reserve on Wed. We’ll discuss how markets may react to the rate decision starting at 13:45 EDT/17:45 GMT on Wednesday.
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Real estate expert on whether home prices could come down amid Fed rate hikesFirst American Financial Corporation chief economist Mark Fleming discussed whether home prices could decrease amid expected rate hikes from the Federal Reserve as a way to tame surging inflation.
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How is Fed tightening affecting bitcoin and other crypto assets?Bitcoin trades lower Tuesday, a day before the Federal Reserve is expected to raise its benchmark interest rate by 50 basis points and start unwinding its...
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Market has gone 'too far' at pricing in Fed rate hikes, says Mohamed El-ErianMohamed El-Erian, Allianz and Gramercy advisor and president of Queens' College, Cambridge, joins CNBC's 'Squawk Box' to discuss the Federal Reserve's upcoming interest rate decision, markets and more.
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EUR/USD Forex Signal: Double-Bottom Pattern Slowly FormsThe EUR/USD pair was little changed after the mixed economic data from the euro area and the upcoming interest rate decision by the Federal Reserve.
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