Keller Mortgage Joins Layoff Wave Keller Williams has laid off an unspecified number of people at its lending business, Keller Mortgage, following job cuts at several other mortgage lenders. So reports The Real Deal.

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Fed Starts Telegraphing Shift to Tighter Monetary Policy

Federal Reserve officials have signaled that the central bank plans to start tightening up the historically loose monetary policy it has used to spur growth during a pandemic. So reports USA Today.

The FedWhile the Fed kept its benchmark interest rate near zero on June 16, it now expects to raise rates twice in 2023, a year when no hikes were previously projected, due to higher inflation and improved economic forecasts.

In a statement, the Fed repeated that it would keep its key short-rate close to zero until full employment is reached and inflation has been “for some time” over the 2% goal.

Read the full article from USA Today.

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