Fed signals borrowing costs may stay high
The Federal Reserve held its benchmark rate steady for a fifth consecutive meeting, but three officials favored an increase as persistent inflation and a potentially higher neutral rate cloud the outlook for borrowing costs. The shift suggests mortgage rates and other consumer loan rates could remain elevated longer than many borrowers expect.Categories
Recent Posts
Florida voters approve Amendment 3
Florida consumer sentiment edges up as budgets tighten
Flooding prompts emergency declaration; Florida Realtors opens DRF
Disaster unemployment aid available after Hurricane Isaias
Real Estate Q&A: Can Leased Solar Panels Derail a Home Sale?
AI Can Speed Up Work But Still Needs Your Review
Rates dip to lowest level in more than a month
Florida’s business growth broadens economic base
Federal disaster declared for Isaias as insured losses grow
Florida CEOs upbeat about economy, hiring outlook tops nation