Federal data is fluid and frequently subject to change as more detailed and accurate information becomes readily available. Today's headline jobs number that surprising 336,000 net job gain is an initial estimate that will be revised twice more.
New research shows banks and other lenders have tightened their belts to an extraordinary degree in recent months, making it more difficult for Americans to fund big-ticket purchases like cars, homes, and renovations.
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When central banks raise interest rates, mortgage borrowers can expect higher monthly repayments, while savers are supposed to be rewarded with bigger returns on their deposits. Or so the theory goes.
When central banks raise interest rates, mortgage borrowers can expect higher monthly repayments, while savers are supposed to be rewarded with bigger returns on their deposits. Or so the theory goes.