interest rates Archives

Exploring Whether Govt Should Pass Legislation To Limit Large Rent Hikes Or Regulate Mortgage Interest Rates

9 minutes read

Exploring Whether Govt Should Pass Legislation To Limit Large Rent Hikes Or Regulate Mortgage Interest Rates

blackboxinsightsnews July 21, 2024

By Alric Lindsay According to the Urban Institute, “The number of people experiencing homelessness has hit a record high, more than half of renters are cost-burdened, and mortgage interest rates are at their highest since 2000—housing in the United...

US Federal Reserve Says It Needs More Convincing Economic Data To Reduce Interest Rates

9 minutes read

International

US Federal Reserve Says It Needs More Convincing Economic Data To Reduce Interest Rates

blackboxinsightsnews July 10, 2024

In a semi-annual monetary policy report to the United States Congress dated July 9, 2024, the Federal Reserve Chairperson Jerome Powell noted that the Fed’s “inflation goals are coming into better balance.” While stakeholders expected this “better balance” would...