pace

The Fed is advancing at the most aggressive pace ever (and what that means for housing)

The Fed is advancing at the most aggressive pace ever (and what that means for housing)

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Average monthly federal funds rate via the St. Louis Fed Chart Notes I use monthly averages because the Fed is now targeting a range. In addition, the target federal funds rate is abandoned and only dates from 1982. This is the steepest and most aggressive touring cycle ever. You can see the impact particularly in …

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Public sector pay rises cannot keep pace with inflation, says transport secretary

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Anti-inflation pay rises for struggling public sector workers are “unaffordable”, the Transport Secretary has said, raising the likelihood of winter strikes on the rail network, schools and the NHS. Mark Harper said there was no ‘bottomless pit’ of money to meet the demands of workers planning to take industrial action in the coming weeks, even …

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