The housing market might have had a rough start to the year, but according to Fannie Mae’s Economic and Housing Outlook released on Monday, this quarter seems to be a temporary headwind as a stimulative fiscal policy is expected to ...
Read More »Fed’s Beige Book Builds Case for Further Rate Hikes
On Wednesday, the Federal Reserve released its latest edition of the Summary of Commentary on Current Economic Conditions, more commonly known as the Beige Book. The Book is published in advance of each meeting of the Federal Open Market Committee, ...
Read More »Fed Minutes: More Interest Rate Hikes Incoming
The minutes from the January meeting of the Federal Open Market Committee were released on Wednesday, showing Federal Reserve officials forecasting increased economic growth and inflation. Both factors led the Fed officials to stand firm on their plans to gradually ...
Read More »How Many Interest Rate Hikes Inbound in 2018?
With the Federal Reserve now under the leadership of recently sworn-in new Fed Chair Jerome Powell, many are watching to see how he deals with the challenges of the current market, and how his responses and philosophy will differ from ...
Read More »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 ...
Read More »Fed’s Kashkari on Interest Rates and Cryptocurrencies
Neel Kashkari, President of the Federal Reserve Bank of Minneapolis, recently participated in a town hall in Pierre, South Dakota, attended by a little over 100 legislators and business leaders. The town hall was moderated by Laura Schoen Carbonneau, CEO ...
Read More »When It Comes to Interest Rates, Mind the Curve
The Fed is expected to continue gradually raising interest rates in 2018, but the president of the St. Louis Fed urges caution along that path to avoid a “yield curve inversion.”
Read More »Trump Nominates Goodfriend for Fed Board
Marvin Goodfriend has been a vocal critic of the Fed’s handling of the 2008 financial crisis, and has called for more Congressional oversight.
Read More »Jerome Powell on Banking Regs: ‘I Think They’re Tough Enough’
During a morning session of the Senate Banking Committee, Fed Chair nominee Jerome Powell put a focus not on deregulation, but rather on examining existing rules to ensure they still make sense 10 years after the financial crisis.
Read More »The Risk of Low Interest Rates
With uncertainty if the Fed will spike interest rates, some argue that low interest rates could be the cause of major lending risks. Read on to find out why.
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