Fed Chair Powell: We Don’t Have to Wait for 2% Inflation to Drop Rates
In a surprising statement made during a speaking engagement at the Economic Club of Washington D.C. on July 15, Federal ...
Tag: Inflation
Mortgage Mix: Powell Grilled on Inflation; Rates Once Again Back Below 7%
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. ...
Report: Share of Homeowners With Sub 5% Mortgage Rate Shrinks Significantly
The mortgage market has been going through a gradual change as it adjusts to higher-for-longer interest rates. With this shift, ...
Biden Lauds CPI’s June Inflation Data; Lower Rates May Be on the Way
Mortgage rates may finally start to begin a steady lower trajectory nationally following encouraging news on inflation. The Consumer Price ...
Fed in No Rush to Cut Rates Until ‘Greater Confidence’ in Taming Inflation
At their June meeting, Federal Reserve members acknowledged there’s been notable progress in lowering inflation, but it’s not going as ...
Consumer Sentiment Continues to Waver in June
Consumer sentiment continued to waver in June, as economic signs gave little hope for inflation relief in the near future. ...
Rate Cuts Possible as Inflation Numbers Show Progress
Finally, inflation numbers open up the door for the Federal Reserve to potentially cut rates this September. The personal consumption ...
Economic Index Fell Again in May; Year-Over-Year Growth Looking Up
The Conference Board Leading Economic Index (LEI) for the U.S., which provides an early indication of significant turning points in ...
Fed Leaves Rates Unchanged Despite Slowing Inflation, Projects Only One Rate Cut in 2024
The Federal Reserve stood firm again, leaving its benchmark rate unchanged at its current 23-year high after the Fed’s two-day ...
Inflation Unchanged in May; Neutral News for Potential Fed Rate Cut
The Consumer Price Index (CPI), an inflation gauge measuring goods and services costs across the U.S. economy, was unchanged in ...
Reconcile Transactions Weekly, Not Monthly
Frequent reconciliation helps brokerages catch errors early, avoid end-of-month scrambles and keep cash flow predictable. Stay ahead of errors.
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