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Economics Interest Rates Federal Reserve

Rate Hikes

Inflation June Meeting Language of Statement Effects on Mortgage Rates John Williams July Meeting CME Group 10 Rate Hikes in 15 Months Inflation Target Target Rate of 2 percent Increase Before End of Year Federal Open Market Committee September Consumer Spending Federal Open Markets Committee (FOMC) Borrowing Costs Monetary Policy Financial Conditions Short-Term Rates Margins Housing Market Borrowing Impact on Banking Industry Impact on Job Market Pause Impact on Borrowing Benchmark Funds Rate