New York Fed

How the Federal Reserve’s rate policy affects mortgages

The Federal Reserve lowered its interest rate target three times in 2024. This has many Americans waiting for mortgage rates…

Three-year inflation outlook hits record low in New York Fed consumer survey

Consumers grew more confident in July that inflation will be less of a problem in the coming years, according to…

15 years of low interest rates reshaped the U.S. economy. Here’s what’s changing as rates stay higher for longer

The United States is entering a new economic era as the Federal Reserve has been hiking its benchmark interest rate.…

Fed’s John Williams says rates could be increased if inflation doesn’t come down

NEW YORK — New York Federal Reserve President John Williams on Tuesday cautioned that interest rate increases will take a…