The Fed’s new chair startled markets by giving a clear answer to a direct question about future interest rates.
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Tag Archives: Interest Rates
Rising Rates May Help Housing (For Now)
A sharp rise in interest rates may not be bad news for housing, at least for now. It is an early step toward a normal economy.
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Turning A Sacred Cow Into Hamburger
Even a useless cow can lumber along if it’s sacred. The itemized deduction for home mortgage interest would be better as hamburger.
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The Fed’s Sunshine Is Blinding Me
The Fed’s long-term policy promises are, paradoxically, making it harder to see what really lies ahead.
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The Fading Greenback
The U.S. dollar isn’t as popular as it once was. In the second quarter of this year, which ended on …
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Normal On The Horizon
An accelerating economy and improving labor market is good, but we can’t call it normal while interest rates stay near zero.
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