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 ...
Tag: Jerome Powell
Fed Pauses Rate Hikes Amid Cooling Inflation, With Further Increases Likely
It's been a long time coming, but folks—and the economy—can take a cautious sigh of relief as the Federal Reserve ...
Economists Urge Pause on Rate Hikes With Inflation Flat
As the latest inflation data shows continued, albeit slow, progress toward taming record inflation, some in the housing industry—including National ...
Inflation Sinks Again, but Focus Now on Banks
The latest CPI data shows another significant taming of price increases. The question is, does it matter anymore? After the ...
Powell Signals Higher Rates, Is Pressed on Housing
A hawkish Jerome Powell, testifying before Congress this week, made it clear that he is worried about recent economic indicators ...
Along With Smaller Rate Hike, Fed Projects Some Additional Pain in 2023
Following more than two months of (generally) good news on inflation, the Federal Reserve appears ready to begin scaling back ...
Fed Maintains Aggressive Rate Hike Effort, but Signals Possible Slowdown
The Federal Reserve has once again dropped the hammer on its rate hike efforts, announcing its fourth 75 basis points ...
More Data Shows Core Inflation Resisting Fed Hikes
With the Federal Reserve showing no signs of letting up in its ongoing crusade of interest rate hikes, the latest ...
Fed Keeps Pressure Up as Mortgage Rates Lift Off
With a little more than three months left until the end of the year—the looming deadline to become free-cash-flow positive—Compass ...
Fed Makes Another ‘Unusually Large Increase’ in Interest Rates
There was a time last year when the term “transitory” was commonly used when federal officials discussed elevated inflation.
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