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For the first time in more than four years, the Federal Reserve cut its key interest rate Wednesday. The move is good news for buyers who can qualify for a mortgage. But the ultimate impact on South Florida's housing may be muted - while the condo market faces more challenges than just borrowing costs.
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The Federal Reserve may be poised to cut interest rates for the first time in more than two years. Critics worry it may reinvigorate inflation.
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Florida lawmakers are close to revising rules for consumer finance loans up to $25,000. The changes would allow payday lenders to charge borrowers interest rates up to 36%.
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Atlanta Federal Reserve Bank President Raphael Bostic sticks with a message of patience while in Broward County — but is firm in the fight against inflation.
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Interest rates have risen to a two-decade high in the fight against inflation. They are having their intended effect with some South Florida companies — slowing business.
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The Federal Reserve raised interest rates by another 0.75 percentage points Wednesday, as part of its ongoing effort to fight inflation. The big question is, what happens next.
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The Federal Reserve raised interest rates by another 0.75 percentage points today, as it tries to control runaway prices. The central bank also signaled that additional rate hikes are likely.
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In a turbulent economy, here's how to weather the inflation storm. Experts offer ways to make better financial decisions as the government struggles to control inflation.
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All that whipsawing on Wall Street in the first half of the year reflects real nervousness. Investors are worried the Fed may tip the economy into a recession.
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The Federal Reserve announced Wednesday that it will increase its benchmark interest rate by 0.75%, matching the largest increase in decades. Here's what that means for everyday Americans.
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Stocks fell sharply on Monday after a stronger-than-expected inflation report spooked investors. The S&P 500 entered a bear market once again after briefly dipping into one last month.
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The Dow dropped by more than 800 points as investors deal with a slew of concerns, including disappointing earnings and the prospect of sharply higher interest rates.