Inflation’s Up Again. Here’s What it Could Mean for Mortgage Interest Rates.
CBS News, Nov. 13, 2024-Angelica Leicht
The modest increase in inflation indicates that the road to achieving the Federal Reserve’s target of a 2% annual inflation rate might not be as straightforward as many had hoped. It also means that the Fed could shift its interest rate policy as part of the balancing act between encouraging growth and controlling inflation.
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