consumer price

The Fed will raise rates again.  But that's playing with fire |  CNN Business

The Fed will raise rates again. But that’s playing with fire | CNN Business

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber ? You can register here. New York CNN — The Federal Reserve is almost certain to announce on Wednesday that it will raise interest rates again. But investors are hoping it will be a smaller increase than the …

The Fed will raise rates again. But that’s playing with fire | CNN Business Read More »

Mortgage rates fall for the second week in a row |  CNN Business

Mortgage rates fall for the second week in a row | CNN Business

Mortgage rates fell again this week, after plunging nearly half a percentage point last week. The 30-year fixed-rate mortgage averaged 6.58% in the week ending Nov. 23, down from 6.61% the previous week, according to Freddie Mac. A year ago, the 30-year fixed rate was 3.10%. Mortgage rates have risen for most of 2022, boosted …

Mortgage rates fall for the second week in a row | CNN Business Read More »

Chicken prices are finally starting to come down.  You can thank busy roosters |  CNN Business

Chicken prices are finally starting to come down. You can thank busy roosters | CNN Business

New York CNN Business — Over the past year, while some meat prices have fallen, chicken prices have remained stubbornly high. High demand, supply issues and even breeding issues with underperforming roosters kept the pressure on. The supply shortage has even prompted some restaurants, like Wingstop, to experiment with less popular items like thighs. But …

Chicken prices are finally starting to come down. You can thank busy roosters | CNN Business Read More »