interest rates – Page 10 – One America News Network

Chicago, November 22, 2022. REUTERS/Jim Vondruska

Inflation rises moderately in April, consumer spending slows

It is a worrying sign for the Fed, suggesting that the elevated pace of price increases could last longer than expected.

HOLLYWOOD, FLORIDA - OCTOBER 27: A 'For Sale' sign is posted in front of a single family home on October 27, 2022 in Hollywood, Florida. The rate on the average 30-year fixed mortgage hit 7.08%, up from 6.94% the week prior, according to Freddie Mac. Mortgage rates surpassed 7% for the first time since April 2002. (Photo by Joe Raedle/Getty Images)

Mortgage Demand Drops To 3-Month Low As Interest Rates Increase For First Time In A Month

A key measure of home-buyer applications fell to a three-month low as mortgage rates started to rise again.

NEW YORK CITY - JANUARY 25: People shop at a home improvement store in Brooklyn on January 25, 2024 in New York City. Economic data from the Commerce Department released today showed that U.S. economy expanded 3.1 percent in 2023, shaking off inflation fears and making the U.S. the fastest growing advanced economy in the world in 2023. (Photo by Spencer Platt/Getty Images)

Consumer Confidence Report Breaks Losing Streak

The Consumer Confidence Report – out today – broke a three-month losing streak. It rose to 102 in May, up from 97.5 in April. Meanwhile, the “Expectations Index” also rose slightly to 74.6, up from 68.8 last month.

US-POLITICS-BIDEN US President Joe Biden speaks at the North American Building Trades Unions 2024 Legislative Conference in Washington, DC, on April 24, 2024. (Photo by Jim WATSON / AFP) (Photo by JIM WATSON/AFP via Getty Images)

Biden’s Inflation Blues: More Than Just Pocket Change

By Tim Doescher
May 15, 2024

(Views expressed by guest commentators may not reflect the views of OAN or its affiliates.)

NEW YORK, NEW YORK - SEPTEMBER 16: People pass a GameStop store in lower Manhattan on September 16, 2019 in New York City. GameStop has announced that they will be closing between 180 and 200 stores before the end of the fiscal year due to a drop in sales. (Photo by Spencer Platt/Getty Images)

GameStop, AMC drop after two days of sharp rally on ‘Roaring Kitty’ effect

Trading in the retail investor darlings, the most actively traded NYSE stocks, were halted minutes after the market opened.

STURTEVANT, WISCONSIN - MAY 08: U.S. President Joe Biden speaks to guests during an event at Gateway Technical College’s iMet Center on May 08, 2024 in Sturtevant, Wisconsin. During the event, Biden spoke about Microsoft’s plan to invest $3.3 billion to build an artificial intelligence data center in the state. (Photo by Scott Olson/Getty Images)

Biden Claims He Has Improved The Economy

Joe Biden continues to claim that his administration has done the most for the economy.