Fed Unanimously Raises Rates With Housing Market ‘Losing Momentum’
After their long-awaited meeting, the Federal Open Market Committee (FOMC) unanimously voted to raise federal funds rates by a quarter ...
Tag: Fed
Global Tensions and High Prices Squash Consumer Outlook Ahead of Fed Decision
Agents and brokers are likely to continue encountering hesitant consumers, as the University of Michigan reports that preliminary sentiment dropped ...
Labor Market Rebounds, Beating Expectations and Showcasing Resilience
While the labor market briefly bowed under pressure this summer, August’s jobs numbers have “rebounded in a big way,” as ...
Fed Will ‘Act Decisively’ to Raise Rates If Inflation Not Moderating, Says Barr
In a Sept. 1 speech at the Second Chance Lending Forum in Washington, D.C., focusing on the economic outlook and ...
In First Jackson Hole Speech, Fed Chair Kevin Warsh Remains Guarded on Rate Changes
Above, Federal Reserve Chairman Kevin Warsh Real estate professionals anxiously awaiting lower mortgage rates may not see a decrease anytime ...
Inflation Ticks Back Up, Reaches Nearly Double Fed’s 2% Goal
Inflation slowly ticked back up according to the Bureau of Economic Analysis (BEA) in its latest report, coinciding with several ...
Notes From Fed Meeting Show Rate Hike on the Table Again
When many economic indicators pointed to issues with inflation, the governors of the Federal Reserve’s Open Market Committee (FOMC) instead ...
Inflation Cools to 2-Month Low, but the Future Is Murky
Inflation cooled in June according to the latest data from the Bureau of Economic Analysis (BEA), meeting economists’ expectations for ...
New Homeownership Measure Finds Only 22% of Young People Own Homes
Developed by the Federal Reserve Bank of Minneapolis, a new homeownership measure—the homeowners-to-population ratio (HPOP)—aims to provide an alternative to ...
Inflation Spikes to Three-Year High as Energy Costs Spiral Higher
Rising energy costs due to the Iran war continue to put serious upward pressure on inflation, according to the latest ...
Smart Kitchen Gadgets Worth Buying…and Ones to Avoid
“The smartest kitchen is not the one with the most gadgets,” says one expert on kitchens. “It is the one where every product has a job, every surface is easy to use and the person cooking does not feel surrounded by things that are in the way.” Read more.
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