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Jun 2, 2022

Another tool in the Federal Reserve’s inflation game plan

This week, the Fed will start offloading mortgage-backed securities. Plus, it’s cool to stay in school, but staying cool in school is harder.

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People walk past the Federal Reserve building on March 19, 2021 in Washington, DC. - Mortgage rates are finally ticking up in the United States, one year after the Federal Reserve cut its lending rate to boost the economy as the Covid-19 pandemic arrived, but that's not expected to cool the hot housing market.
People walk past the Federal Reserve building on March 19, 2021 in Washington, DC. - Mortgage rates are finally ticking up in the United States, one year after the Federal Reserve cut its lending rate to boost the economy as the Covid-19 pandemic arrived, but that's not expected to cool the hot housing market.
Daniel Slim/AFP via Getty Images

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