Federal Reserve policymakers said they could begin raising interest rates before inflation starts to pick up, according to minutes of their Dec. 17-18 meeting. However, the Fed officials added that “they would want to be reasonably confident that inflation will move back” toward the Fed’s annual 2% target “over time.”
January 8, 2015
December 30, 2014
Bloomberg: U.S. Mortgage Rates Fall With 30-Year at an 18-Month Low: Mortgage rates in the U.S. declined, keeping borrowing costs at the lowest levels since May 2013.