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Money and Monetary Policy

A collection of news and information related to Money and Monetary Policy published by this site and its partners.

Top Money and Monetary Policy Articles

Displaying items 12-22
  • Fed stays course on policy but acknowledges rising inflation

    Fed stays course on policy but acknowledges rising inflation
    Despite the economic rebound and sharp drop in the unemployment rate recently, Federal Reserve officials still see considerable weakness in the labor market and remain very cautious about moving away from their easy-money policy. The Fed, in a statement...
  • Freddie Mac: Mortgage rates level off, 30-year loans average 4.12%

    The cost of getting a mortgage has leveled off, with Freddie Mac saying lenders were offering 30-year fixed-rate home loans this week at an average interest rate of 4.12%. That rate is little changed from the average of 4.15% over the last 10 weeks. The...
  • Peninsula Pilots' pitchers 'piggyback' their way to success

    Peninsula Pilots' pitchers 'piggyback' their way to success
    HAMPTON — One evening last summer, the Peninsula Pilots' braintrust of Hank Morgan and Chris Ochsenfeld pivoted away from their usual discussions of monetary policy and geo-global politics and wondered how they might better handle the team's...
  • A new housing bubble?

    A new housing bubble?
    Even though the recent financial crisis is barely in the rearview mirror, risk is starting to build once again in both the U.S. mortgage and housing markets. Contrary to the prevailing view that only borrowers with pristine credit records can get a...
  • GM, Chrysler and Toyota see healthy boosts in April car sales

    GM, Chrysler and Toyota see healthy boosts in April car sales
    Car sales in the U.S. hit their highest monthly level since the mid-2000s for the month of April, as retailers moved an estimated 1.4 million vehicles. Those strong monthly numbers suggest car sales for the year could hit 16.5 million, up as much as 10%...
  • Massive recall expenses slash General Motors' first-quarter profit

    Massive recall expenses slash General Motors' first-quarter profit
    Heavy spending to repair more than 6 million vehicles in the first quarter triggered an 88% plunge in General Motors Co. earnings for the period, compared to a year earlier. The nation’s largest automaker said it earned just $108 million, or 8...
  • Family finances: how higher interest rates will affect you

    Kiplinger's Personal Finance Rising rates have been the talk of Wall Street -- and Main Street -- for months. The yield on 10-year Treasuries has climbed more than one-half percentage point over the past 12 months, to 2.7 percent. But not all rates...
  • Mortgage matters

    Mortgage matters
    Is it more difficult to borrow money for a mortgage today than it was just three years ago when pretty much anyone with a last name was approved for financing? Yes -- and it should be to avoid the kind of foreclosure crisis we're facing right now. Is it...
  • RATEGRAM'S BEST CREDIT CARD DEALS, For immediate release

    These are nationally available credit cards offering the lowest interest rates on purchases as of May. 07. If you typically pay off the entire balance monthly, look for a zero-annual fee card that allows the most interest-free or grace days. Some cards...
  • Three credit unions growing rapidly

    Three credit unions growing rapidly
    Three of the state's fastest growing credit unions are based in Broward County: City County, BrightStar and Sun credit unions, according to a statewide study. The three grew assets by more than 10 percent last year as a time when nationally the...
  • Pimco rehiring a former top exec to quell uproar over CEO resignation

    Pacific Investment Management Co. is rehiring a former top executive in its latest bid to overcome the furor still lingering from the surprise resignation of its chief executive early this year. The Newport Beach bond fund giant said Tuesday that Paul...