Despite omicron hurdles, strong economic recovery likely remains on track

Despite omicron hurdles, strong economic recovery likely remains on track

This post was originally published on this siteThe economy has become more resilient to the virus with each new variant. But it’s become clear that the rebound will revolve around pandemic caseloads.

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Mortgage rates show little change but are expected to move higher

Mortgage rates show little change but are expected to move higher

This post was originally published on this siteAfter a month of increases, the 30-year fixed-rate average slipped to 3.55 percent this week.

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For $ 100 Oil: More Driving, Less Drilling

For $ 100 Oil: More Driving, Less Drilling

This post was originally published on this siteWall Street’s summer forecast requires $ 100 in oil. Barrel costs haven’t been that high since the summer of 2014, before OPEC began price competition with US shale producers and pushed oil prices into a long-standing slump. In the early days of the...

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Federal Reserve plans to raise interest rates ‘soon’ to fight inflation: What that means for consumers and the economy

Federal Reserve plans to raise interest rates ‘soon’ to fight inflation: What that means for consumers and the economy

This post was originally published on this site The Federal Reserve signaled plans to begin raising interest rates “soon” in a bid to tamp down inflation before it poses a serious risk to the U.S. economy. A hike would be the first time the central bank has increased its benchmark...

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Job Market Appears Healthy Despite Omicron Headwinds

Job Market Appears Healthy Despite Omicron Headwinds

This post was originally published on this siteEconomists estimate new jobless claims fell last week, signaling fewer layoffs.

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The Federal Reserve meets to curb inflation and make the market creepy

The Federal Reserve meets to curb inflation and make the market creepy

This post was originally published on this siteTwo days before the Federal Reserve meeting, the US market was particularly volatile. Monday had the biggest slide at some point since the pandemic began. Washington — This week’s stock market volatility will be closely monitored at a meeting of the Federal Reserve...

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Explainer-How low can the Fed’s balance sheet be?This is what officials are looking at

Explainer-How low can the Fed’s balance sheet be?This is what officials are looking at

This post was originally published on this site The US Federal Reserve Building was filmed in Washington on March 18, 2008.Reuters / Jason Reid / File Photos January 26, 2022 By Jonnelle Marte (Reuters) – The Federal Reserve is preparing to reduce bond holdings faster and faster than before, so...

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Bloated Central Bank Balance Sheets Are the Real Risk

Bloated Central Bank Balance Sheets Are the Real Risk

This post was originally published on this siteWhat would you pay for fixed-income assets now if you knew that the biggest holders will become forced sellers later?

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All eyes on Federal Reserve as interest rate hikes loom

All eyes on Federal Reserve as interest rate hikes loom

This post was originally published on this siteThe Federal Reserve is under intense scrutiny this week as the bank’s monetary policy arm plots a path out of high inflation.   After slashing interest rates and deploying trillions in stimulus to shield the U.S. economy from the…

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Americans get another $100 million in federal aid for soaring home energy costs

Americans get another $100 million in federal aid for soaring home energy costs

This post was originally published on this siteStruggling Americans are getting some more help to pay their home heating bills, which have skyrocketed for many this winter. The Department of Health and Human Services is adding $100 million to the Low Income Home Energy Assistance Program, which helps families afford...

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