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As Fed nears rate hikes, policymakers plan for 'brave new world'

Yellen testifies before the Senate Banking Committee at Capitol Hill in WashingtonBy Jason Lange and Ann Saphir JACKSON HOLE, Wyo. (Reuters) - Federal Reserve policymakers are signaling they could raise U.S. interest rates soon but they are already weighing new tools they may need to fight the next recession. A solid U.S. labor market "has strengthened" the case for the first rate increase since last December, Fed Chair Janet Yellen told a central banking conference in Jackson Hole, Wyoming.




Germany's economy minister: U.S.-EU free trade talks have failed

Protesters depicting Statue of Liberty and Europa on the bull take part in a demonstration against TTIP free trade agreement ahead of U.S. President Obama's visit in Hannover, Germany April 23, 2016.Germany's Economy Minister Sigmar Gabriel said on Sunday that talks on the Transatlantic Trade and Investment Partnership (TTIP), a free trade deal being negotiated by the United States and the European Union, had essentially failed. "Things are not moving on that front," said Gabriel, who is also Germany's vice chancellor. The U.S. and the EU have been negotiating the TTIP for three years and both sides had sought to conclude talks in 2016 but they have differences over various issues, including agriculture.








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If you're like most people, purchasing a home  is probably one of the biggest investments you'll ever make in your lifetime and we'll be with you every step of the way

 

 

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If you are looking to refinance your ARM into a fixed rate or refinance and get cash out or get into a lower rate, we can help.

 

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