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 ...
Tag: Inflation
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 ...
May Sees a Stronger Jobs Report; Pros Give Mixed Reviews
The U.S. added 272,000 jobs to the market in May, higher than the average monthly gain of 232,000 over the ...
Mortgage Mix: Mortgage Rates Rise; CFPB Launches ‘Junk Fee’ Inquiry
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. ...
Inflation Numbers Show Little Progress; Interest Rate Cuts May Have to Wait
The personal consumption expenditures (PCE) price index increased 0.3% in April, the Commerce Department reported on May 31, matching a ...
Mortgage Mix: Rates Finally Come Down, but in Baby Steps
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. ...
6 Musts to Share With Buyers About Why You Rule Over AI
“AI can summarize what has been published about a property,” says one real estate professional. “The trouble is that some of the most important information has not been published, is no longer current or cannot be understood without seeing the home.” Read more.
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