Federal Reserve

May 29May 29
Here’s what’s open and closed on Memorial Day 2023
- National
- News
The last Monday of May honors and mourns members of the US armed forces who died serving the country. This year, Memorial Day is on Monday, May 29.

Many office workers and school children will see a day off to start the summer season. Here’s what’s open and closed on Memorial Day 2023.

Pristine Villarreal
May 24May 24
Fed officials debated need for rate hike at last meeting, minutes show
- National
- News
Federal Reserve officials were divided at their last meeting as to whether or not another rate hike was needed to slow the economy, according to minutes from the central bank’s May policymaking meeting, released Wednesday afternoon.

Pristine Villarreal
May 12May 12
Biden nominates the first Latino to the Federal Reserve
- National
- News
President Joe Biden on Friday nominated economist and World Bank official Adriana Kugler to join the Federal Reserve’s powerful Board of Governors and Philip Jefferson to be the central bank’s vice chair.

Pristine Villarreal
May 11May 11
JPMorgan Chase CEO Jamie Dimon says Trump doesn’t understand the debt ceiling
- National
- News
JPMorgan Chase CEO Jamie Dimon sharply criticized former President Donald Trump on Thursday, saying the 2024 presidential candidate doesn’t understand the debt ceiling and what is at stake. It is just “one more thing he doesn’t know very much about,” Dimon told Bloomberg Television.

Pristine Villarreal
April 26April 26
Changes are coming to some mortgage fees next month
- Money
Fees on mortgages backed by Freddie Mac and Fannie Mae are set to change next month, in a plan designed to make homeownership more affordable for more people. Broadly, the fees will go down for many with lower credit scores and will increase for many with higher credit scores.

Ceci Partridge
April 14April 14
The American consumer has bad news for the economy
- National
- News
The strength of the US economy rests on the shoulders of consumers. If people are spending money, companies keep employees in their jobs … and those workers keep spending. In theory, anyway.

Pristine Villarreal
April 11April 11
Wall Street has found something else to worry about
- National
- News
Persistent inflation remains the Federal Reserve’s No. 1 concern, even as the banking sector remains on edge after two big bank failures last month. This week’s Consumer Price Index, due to be announced Wednesday at 8:30 am ET, could determine whether the central bank raises rates again in May.

Pristine Villarreal
April 06April 06
Mortgage rates fall for the fourth week in a row
- National
- News
Homebuyers benefited from another week of falling mortgage rates, with the average rate dropping for the fourth week in a row, according to data from Freddie Mac released Thursday.

Pristine Villarreal

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