by Alterna Mortgage | May 7, 2025 | Financing, Interest rates
Fed Chair Jerome Powell left its key interest rate unchanged again Wednesday May 7th and gave no hint of plans to lower the interest rate anytime soon, as tariffs raise the risks of either another inflation spike or recession. The central bank lowered the rate by a...
by Alterna Mortgage | May 2, 2025 | Financing, Interest rates
Expectations for a flurry of Federal Reserve interest rate cuts this year spiked as financial markets reeled in the wake of President Trump’s wave of global tariffs. The central bank is now expected by money markets to slash its key rate by 100 basis points before the...
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