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A smaller rate hike After four straight 75-basis point (0.75%) hikes to the federal funds rate, the Fed loosened its stance this month in light of declining inflation. The central bank concluded its December Federal Open Market Committee…
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WASHINGTON — In a series of blistering back-and-forths with Republican lawmakers, Consumer Financial Protection Bureau Director Rohit Chopra defended a series of guidance documents and other public materials released by the agency. …
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I think we all know 30-year fixed mortgage rates aren’t going back to 2%. Or even 3%. Those days seemed to have come and gone, thanks to the Fed’s inflation fight. Ironically, the Fed was also the reason mortgage rates went that low to…
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