interest rates

The Fed raises interest rates again, signals more coming despite pressure to slow the pace

BY: - November 3, 2022

The Federal Reserve announced on Wednesday that in its continuing efforts to tamp down inflation, it would raise interest rates yet again by another three-quarters of a point to a target range of 3.75 to 4%. Federal Reserve Chair Jerome Powell said during a press conference following the announcement that the “historically fast pace” of […]

Fewer people are moving as interest rates, rents rise

BY: - August 9, 2022

This story originally appeared in Stateline, an initiative of The Pew Charitable Trusts. Most people move during the spring and summer months, but many would-be movers stayed put this May and June amid higher interest rates and rising rents, according to change-of-address data from the U.S. Postal Service. Every state saw fewer people moving in […]