Tag Archives: Federal Open Market Committee (FOMC)

As expected, the Federal Reserve raised rates again at the end of their May meeting by a quarter point—this is now the tenth-straight increase.

The ninth consecutive interest rate increase signaled that the Fed is barreling forward, combating ongoing inflation amid an unstable market and economic turmoil in the aftermath of the failures of SVB and Signature Bank.

This is now the eighth consecutive rate hike, an increase of 4.5% since the hikes began.

Supply-and-demand dynamics have given homebuyers more leverage to start the year, providing them with an advantage at the negotiation table.

FOMC raises the borrowing rate half a percentage point, capping a series of four consecutive three-quarter-point hikes.

In a letter to Federal Reserve Chair Jerome Powell, Rep. Maxine Waters addressed the Fed’s recent rate hikes, the impact on the nation’s housing crisis, and the effects of ongoing inflation.

Another Federal Open Market Committee Meeting, another rate hike. At the conclusion of the FOMC’s November Meeting, the Committee raised rates by 75 basis points, the fourth consecutive such hike and the sixth of 2022.

For the third time in a row, the Federal Reserve’s Federal Open Market Committee (FOMC) raised the nominal interest rate by 75-basis points at the conclusion of their scheduled two-day meeting to a rate of 3.00-3.25%. This marks the highest ...

CoreLogic reports second quarter fraud risk is down from the previous quarter, and Q2 2021; however, an analysis of monthly data shows this trend is reversing, and fraud risk is anticipated to increase in the coming months.

On March 14-15, 2020, the Federal Reserve’s Federal Open Market Committee (FOMC) held an emergency meeting in light of the then-blossoming pandemic to cut rates by a 100 basis points to a rate of 0-0.25%.  But now, in light of ...