Rate Hikes

Inflation June Meeting Language of Statement Effects on Mortgage Rates John Williams July Meeting CME Group 10 Rate Hikes in 15 Months Inflation Target Target Rate of 2 percent Increase Before End of Year Federal Open Market Committee September Consumer Spending Federal Open Markets Committee (FOMC) Borrowing Costs Monetary Policy Financial Conditions Short-Term Rates Margins Housing Market Borrowing Impact on Banking Industry Impact on Job Market Pause Impact on Borrowing Benchmark Funds Rate