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Tag Archives: federal reserve

Fed raises rates, boosts outlook for borrowing costs in 2017 (access required)

Federal Reserve officials raised interest rates for the first time this year and forecast a steeper path for borrowing costs in 2017, saying inflation expectations have increased “considerably” and suggesting the labor market is tightening. The Federal Open Market Committee ...

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Any Fed rate increase would have little impact on mortgages, Md. bankers say (access required)

The Federal Reserve has greatly changed its plans since it initially forecast as many as four rate increases throughout 2016 after raising rates late last year for the first time in nearly a decade. Rate increases are likely only if the economy clearly is ...

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Buying a car? A home? Fed rate hike shouldn’t matter much (access required)

WASHINGTON — For anyone considering whether to buy a home or car, the Federal Reserve’s interest rate increase Wednesday shouldn’t make much difference. The rates that most people pay for mortgages, auto loans or college tuition aren’t expected to jump ...

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