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2 Fed Officials Favor Keeping Key Rate at Peak Through 2023
John Williams, who is among a core group of officials around Chair Jerome Powell, said in a speech to the Economic Club of New York that the central bank has “more work to do” to reduce inflation closer to its 2% target. Read more
Nov. 28, 2022
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Average Long-Term U.S. Mortgage Rate Slips to 6.58%
The rate for a 15-year mortgage, popular with those refinancing their homes, fell to 5.90% from 5.98% last week. It was 2.42% one year ago. Read more
Nov. 23, 2022
