Fed Pauses Rate Hikes… For Now – But 8%+ Mortgage Rates Are Here to Stay
Bidenomics = High mortgage rates, high inflation rates, collapsed banks, expensive groceries, record high rent, and dwindling retirement accounts. The Federal Reserve on Wednesday paused rate hikes. The Fed kept the benchmark rate in the range of 5.25% to 5.50%. For now. “We’re prepared to raise rates further, if appropriate, and we intend to hold…
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