Mortgage rates surge to highest since September, hitting spring housing market
[ad_1] In an aerial view, two-story single family homes line the streets of neighborhood on Jan. 13, 2026 in Thousand Oaks, California. Kevin Carter | Getty Images Mortgage rates surged to their highest level since September on Friday as bond yields moved higher due to the war in Iran. The average rate on the 30-year […]
Tim Scott hopes Fed Chair Powell investigation ‘going away’ to clear Kevin Warsh confirmation
[ad_1] Sen. Tim Scott on Wednesday said he hopes the federal investigation into Federal Reserve Chair Jerome Powell “goes away” so the Senate can take up the nomination of Kevin Warsh, President Donald Trump’s pick to replace the head of the U.S. central bank. “That proceeding going away allows for us to get the Fed […]
Fed’s Goolsbee calls for a hold on cuts as current rate of inflation is ‘not good enough’
[ad_1] Austan Goolsbee, President and CEO of the Federal Reserve Bank of Chicago, speaks to the Economic Club of New York in New York City, U.S., April 10, 2025. Brendan McDermid | Reuters Chicago Federal Reserve President Austan Goolsbee said Tuesday that interest rate cuts aren’t appropriate until there’s more evidence that inflation is on […]