
Laura Michelle Davis
I edit and lift weights. Sometimes simultaneously. Open to complaints, insights and editorial pitches @[email protected].
Articles
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1 week ago |
cnet.com | Laura Michelle Davis
As expected, interest rates didn't budge today. You can blame tariffs. At the conclusion of its May 6-7 meeting today, the Fed voted to hold rates steady for the third consecutive time. Fed Chair Jerome Powell remains steadfast in monitoring labor market conditions and inflation pressures before making any cuts.
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1 week ago |
cnet.com | Laura Michelle Davis
Interest rates aren't likely to budge today. You can blame tariffs. The Fed is expected to keep rates steady for the third consecutive time at the conclusion of its May 6-7 meeting. Fed Chair Jerome Powell remains steadfast in monitoring labor market conditions and inflation pressures before making any cuts.
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1 week ago |
cnet.com | Katherine Watt |Laura Michelle Davis
The Federal Reserve is almost certain to hold interest rates steady on Wednesday, despite President Trump's demand that they be slashed immediately. If you're in the market for a home, you might be wondering what that means for mortgage rates. When the Fed adjusts its benchmark interest rate, interest rates on savings accounts and short-term loan vehicles follow quickly.
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1 week ago |
cnet.com | Laura Michelle Davis
Interest rates aren't likely to budge anytime soon. You can blame tariffs. At its May 6-7 meeting, the Fed is expected to leave rates steady for the third consecutive time. The US central bank meets eight times a year to assess the economy's health and set monetary policy through changes to the federal funds rate, the benchmark interest rate US banks use to lend or borrow money overnight.
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1 week ago |
cnet.com | Laura Michelle Davis
Financing a car, taking out a home loan and paying down credit card debt? Borrowing costs are still expensive in 2025. After the Federal Reserve cut interest rates three times last year, many of us hoped for cheaper credit. But interest rates aren't likely to budge anytime soon. At its upcoming May 6-7 meeting, the Fed is expected to leave rates steady for the third consecutive time.
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People keep asking, "Are we in a recession? What's the Fed gonna do? Will I lose my job?" News headlines and economic data tell only one side of the story. We dug deeper for @CNET to find out what's really happening. https://t.co/KRln8yKbNI

Can't afford to buy a home? It's not you. The #housingmarket is officially broken. Here's why rising home prices, high mortgage rates and limited housing supply are sinking future generations and worsening the wealth gap. @cnet #housingaffordability https://t.co/gQm7sgUp6z

The internet looks very different from the rooftops where @nycmesh builds connections. Here’s my latest on community-led networks and affordable broadband projects: https://t.co/dWd6bRkwOi