Fed Pauses, But Projects Higher Rates Next Year
For just the second time in 19 months, the Federal Reserve chose today to meet without raising interest rates, leaving ...
Tag: Economy
Inflation Nudges Up, Adding to Rate Worries
The latest report on Personal Consumption Expenditures (PCE) showed prices climbing by 0.3% from last month, an expected but still ...
Job Gains Slow, but Remain Solid–Here’s What It Means for Housing
Ask any real estate professional about the macroeconomic challenges they’re facing today, and you’ll get an answer including both “inflation” ...
Consumer Spending Data Provides Further Signs of Cooling Inflation
In the wake of the Federal Reserve ending its short-lived “pause” on rate hikes, the latest personal consumption expenditure (PCE) ...
Fed Provides Little Clarity After Raising Rates to 22-Year High
An unsurprising 25-basis-point rate hike announced by the Federal Reserve today–something that real estate economists urged against–is placing the housing ...
Consumer Confidence Continues to Grow in July
Consumer confidence increased again, from 109.7 in June to 117 in July, according to the latest data from The Conference ...
Slowing Job Growth Muddles Rate Debate
A labor market that for months seemingly shrugged off the Federal Reserve’s heavy hand finally appears to be slowing, as ...
Some Fed Officials Were Willing to Raise Rates in June
While the Federal Reserve delivered a reprieve from its interest rate hike campaign last month, the decision didn’t come lightly, ...
Consumer Spending Sees Slight Increase in May
The latest personal consumption expenditure (PCE) index—the Fed's preferred inflation measurement—shows personal spending grew by 0.1% in May, marking the ...
Consumer Confidence Rises to Highest Level Since January 2022
Consumer confidence rose to 109.7 in June, up from 102.5 in May—the highest recorded reading since January 2022, according to ...
6 Key Numbers Buyers Must Examine Before Committing
“The rate should never be treated as a yes-or-no answer,” says Nick Nastos, founder of Chicago’s Property Shop. “I would be more concerned about a buyer closing with no emergency fund than one accepting a slightly higher rate with a manageable payment and cash still in the... Read more.
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