Higher Interest Rates Are 'Likely Here to Stay': Furman

Jason Furman, former Chairman of the Council of Economic Advisers under President Obama, says higher interest rates are "likely here to stay" as government and businesses compete for capital, with US national debt surpassing $40 trillion. Furman says Congress ultimately must address the fiscal imbalance through spendin

Many Federal Reserve officials think the central bank will have to lift its key short-term interest rate in the coming months if inflation doesn't subside, minutes of the Fed's meeting last month showed.

Many U.S. Federal Reserve officials think the central bank will have to lift its key short-term interest rate if inflation doesn’t subside.

‘Many’ Fed officials think higher rates will be needed if inflation stays high  Toronto Star

Many Federal Reserve officials think the central bank will have to lift its key short-term interest rate in the coming months if inflation doesn’t subside, minutes of the Fed’s meeting last month showed

Many Federal Reserve officials think the central bank will have to lift its key short-term interest rate in the coming months if inflation doesn’t subside, minutes of the Fed’s meeting last month showed

Mortgage rates were unchanged last week, as was mortgage demand, and total volume remains lower than year-ago levels.

Mortgage rates rose slightly due to a deepening bond-market selloff.