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The Fed Raises and Warns It Isn’t Done Yet
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The US Federal Reserve raised its policy rate by another 0.75% last week, and, as I predicted in last week’s post, it also surprised ...

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Why Central Bankers Must Now Let the Fires Burn
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  Monetary policy provides a powerful tool for our central bankers to use during tough times. Lowering short-term policy rates helps to ...

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Five Mortgage-Rate Thoughts from Last Week
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I hope that you all enjoyed a happy Thanksgiving weekend. There were several mortgage-related developments last week that were worth ...

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