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Despite the Federal Reserve’s recent rate cuts, mortgage rates have unexpectedly surged to 7%, leaving many wondering why. From April to September 2024, mortgage rates had fallen to an average of 6.11%, driven by weaker job reports and concerns of a potential recession. As economic data started signaling a softening labor market and weaker consumer […]
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In recent months, Seattle has intensified its efforts to address homelessness in the downtown area by dismantling encampments in places like Pioneer Square and the International District. These actions aimed to restore safety and cleanliness in the regions that have long struggled with the visible effects of the city’s homelessness crisis. However, the efforts have […]
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The Federal Reserve has decided to keep its key interest rate steady at 5.25% to 5.5%, citing continued progress towards its 2% inflation target. This decision, announced today, has sparked significant market reactions and a renewed focus on future monetary policy directions. Key Takeaways from Powell’s Press Conference September Rate Cut on the Table Fed […]
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In a much-anticipated announcement, the Federal Reserve decided to keep its key interest rate unchanged while signaling just one rate cut expected before the end of the year. This decision, revealed after the two-day Federal Open Market Committee (FOMC) meeting, may not be as aggressive as some had hoped. Still, given the current economic climate, […]
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Seattle’s vibrant summer festival scene is set to return in 2024 with a wide array of events celebrating music, culture, food, and community spirit. Here’s a rundown of some must-attend festivals happening in the Emerald City this summer. Seafair 2024 Dates: June 29 – August 4, 2024 One of Seattle’s most iconic celebrations, Seafair spans […]
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In a move keenly anticipated by markets worldwide, the Federal Reserve made a critical announcement on March 20, 2024. For the fifth consecutive meeting, the Fed has chosen to leave interest rates unchanged. This decision underscores a cautious approach toward monetary policy amidst an economic landscape filled with both challenges and opportunities. Here’s a deeper […]
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Christmas in Seattle is a magical time filled with festive parades, dazzling light shows, and unique holiday markets. Whether you’re a local or a visitor, the city offers many activities that capture the holiday spirit. Let’s dive into the top 15 must-do activities to make your Seattle Christmas unforgettable! Conclusion: From traditional parades to unique […]
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