interest rates
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Business
Federal Reserve’s only Black woman governor refuses Trump’s resignation demand
WASHINGTON — Federal Reserve Governor Lisa Cook rejected Donald Trump’s demand that she resign over mortgage fraud allegations, saying she…
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Business
Black homeownership gains stall as rising costs and interest rates widen housing gap: Harvard study
For the first time in 30 years, rising home prices and interest rates have translated into a drop in existing…
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Earl Ofari Hutchinson
THE HUTCHINSON REPORT: Interest rate increase widens wealth gap
By Earl Ofari Hutchinson Contributing Columnist On July 27, the Federal Reserve governors raised interest rates. The ¾% interest rate…
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