Tag Archives: government debt

Inflation improved in April, but Fed not expected to budge on rates

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Trump administration keeps up pressure on Fed, but investors don’t expect the U.S. central bank to cut short-term rates until September. Continue reading →

Mortgage rates surge on Moody’s downgrade of US credit rating

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Moody’s Ratings is the last credit agency to strip U.S. of most favorable debt rating over concerns that Congress and “successive U.S. administrations” have failed to tackle annual budget deficits, growing interest costs. Continue reading →