Category: The Fed & Rates
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The Fed’s June Decision: What It Means for Your Wallet in Weeks
The Fed held rates at 3.5 to 3.75 percent on June 17 but penciled in a possible hike. What that means for cards, savings, and mortgages in the weeks ahead.
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Why Economists Watch the 10-Year Treasury (and Why It Hits Your Mortgage)
The 10-year Treasury yield sets the base price of long-term money in America. What it is, who moves it, and why your mortgage quote follows it.
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What the May Jobs Report Means for Rates and Your Savings
May’s 172,000-job gain keeps the Fed in no hurry to cut. What the report means for savings yields, CD decisions, and loan rates this summer.