pbs.org/newshour/economy/federal-reserve-rate-hike-reflects-new-world-of-sticky-inflation-and-faster-growth Federal Reserve rate hike reflects new world of sticky inflation and faster growth
Trump keeps blasting the Fed, but economists say that's not why your mortgage costs more. A 30-year loan just hit 6.95%, the highest in over 18 months, as AI spending and federal deficits collide with tight supply to end the cheap-money era for good.
— via PBS NewsHour, Christopher Rugaber, Associated Press