**Fed Rate and Growth Outlook** RSM economists have revised their outlook on Federal Reserve policy, now forecasting just one rate cut in 2024, likely in December, instead of the previously anticipated three. This adjustment is driven by persistent inflation and a robust labor market, which have both caused Fed officials to signal a more cautious…
Mortgage rates remained relatively steady on January 26, 2026, giving potential homebuyers and refinancers a slight breather. The interest rate for a 30-year fixed-rate mortgage hovered around 6.66%, while the 15-year fixed-rate loan held near 5.90%. These rates aren’t at record highs, but they are significantly elevated compared to the historically low borrowing costs seen…
The video discusses the causes and impact of inflation in the current economy, outlining how rising prices affect everyday consumers and businesses alike. It explains how factors like increased demand, supply chain disruptions, and government monetary policies contribute to inflation, making goods and services more expensive over time. The presenter also highlights how inflation reduces…
**SPY ETF Daily Update: January 22, 2026** On January 22, 2026, the SPDR S&P 500 ETF Trust (SPY), which is one of the most widely traded exchange-traded funds tracking the U.S. stock market, showed subtle movement as investors digested recent economic reports and the ongoing direction of Federal Reserve policy. The SPY’s performance reflected careful…
Mortgage rates have largely held steady going into the end of January, offering some predictability for prospective homebuyers and those looking to refinance. As of this week, the average rate for the 30-year fixed mortgage hovered around 6.88%, down slightly from the previous week. Meanwhile, the 15-year fixed mortgage rate was at 6.23%. With inflation…
Although US inflation rates are showing signs of slowing down, many Americans are still struggling with affordability. The cost of essentials such as food, rent, and healthcare have not dropped significantly, keeping pressure on household budgets. Wage growth has not kept pace with rising prices in many sectors, and for many families, the sense that…
**Federal Reserve Faces Data Uncertainty Amidst Government Shutdown** The Federal Reserve is contending with a significant lack of economic data as a possible government shutdown looms, making it more difficult for policymakers to decide on future interest rate moves. Officials have stated that key information they typically rely on—such as employment figures and inflation numbers—is…
Mortgage interest rates across the U.S. remained relatively unchanged on November 11, 2025, following a period of modest fluctuation. The average 30-year fixed mortgage rate held steady at 7.34%, while the 15-year fixed rate inched slightly upward to 6.73%. Meanwhile, 30-year jumbo loans averaged 7.38%, offering a similar rate to conventional options. Industry experts suggest…
Warren Buffett, the renowned investor, discusses his perspective on inflation and its effects on the average consumer. He explains that inflation is essentially the decline in the purchasing power of currency, meaning that the value of money decreases as prices rise for goods and services. Buffett notes that inflation is particularly challenging for people living…
**Thanksgiving Meal Costs Drop** The cost of preparing a Thanksgiving dinner has decreased this year, easing the burden for many families. After several years of rising prices driven by inflation, key items like turkey, potatoes, and canned pumpkin have seen price drops thanks to better supply and reduced shipping costs. According to the American Farm…