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Fed Chairman Warsh’s credibility in question after leaving interest rates unchanged
For a Federal Reserve chairman who prizes credibility above all other virtues, the market’s reaction to Kevin Warsh’s remarks Wednesday must have been painful. »
Average 30-year US mortgage rate rises to highest level in a year at 6.66%
The average long-term U.S. mortgage rate rose for the fourth consecutive week to its highest level in a year, another setback for prospective homebuyers »
Jeffrey Gundlach on the Fed: Talk Is Cheap
GDP rose by 1.5% in 2Q, lower than predicted
The U.S. economy slowed in the second quarter of this year, as the gross domestic product only rose by 1.5%, according to the advance »