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Tag Archives: Economy

FOMC Meeting: Setting the Pace for Future Rate Hikes

The meeting of the Federal Open Market Committee (FOMC)—the policy-making arm of the Federal Reserve begins today. This is also the first time that the meeting is being led by Jerome Powell the new Chairman of the Federal Reserve Board. ...

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SunTrust: Businesses Optimistic for the Future

An annual survey is taking the “pulse” of business optimism to determine where today’s leaders are seeing economic growth, as well as potential pitfalls for domestic and global operations.

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Brian Grow Appointed as President of Morningstar Credit Ratings

Chicago-headquartered Morningstar Credit Ratings has announced the appointment of Brian Grow as President of the company. In his new role Grow will oversee the day-to-day operations of the company’s business and will be based out of New York. He will ...

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Domestic Spending to Spur Economic Growth

Mortgage rates and home sales are expected to rise in 2018 according to the latest economic and housing outlook by Fannie Mae. The report expects mortgage rates to rise 30 basis points to 4.4 percent by the end of 2018 ...

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Housing Confidence High as 2017 Winds Down

Optimism for the U.S. housing market stayed afloat in the fourth quarter. But there are signs that confidence is taking on water, especially when it comes to the economy.

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Predicting Economic Growth

Despite an uncertain political climate and lower-than-projected growth the first half of the year, the U.S. economy is still poised for strong growth by the close of 2017. Find out just how much growth in Fannie Mae’s latest report.

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Sliding Into an Economic Slowdown

Fannie Mae experts are predicting a sluggish second half to 2017, see what factors they point to as the cause.

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The Week Ahead: Moving into Summer

On Tuesday, Fannie Mae will release its May 2017 Economic and Housing Outlook report. The Outlook is a forecast of economic trends in the housing and mortgage-finance markets, analyzing current and historical data. The previous Outlook from April 2017 saw weak overall economic patterns, while housing activity stayed relatively strong, which Fannie Mae tied to warmer weather.

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Fed Nixes Rate Hike in May Meeting

The Federal Open Market Committee opted to keep the federal funds rate as-is during its May meeting. The FOMC raised the rate in March from 0.75 to 1 percent. It was largely expected that the FOMC would raise rates at least two more times over the course of 2017.

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