Tag Archives: Federal Reserve

Many economists and analysts have viewed the November employment summary as the final piece of the puzzle in order to encourage a Fed liftoff later this month.

Which Federal Reserve Districts have experienced the most progress in housing in the last month and a half?

With one last opportunity to raise rates this year, many believe that the the Federal Open Market Committee just may follow though with an obscure promise made in the last meeting in October. The Collingwood Group Chairman Tim Rood debated the possible rate hike in December and other topics on Fox Business Network.

“Emergency lending is a critical tool that can be used in times of crisis to help mitigate extraordinary pressures in financial markets that would otherwise have severe adverse consequences for households, businesses, and the U.S. economy,” Fed Chairman Janet Yellen said.

Is the increase in the rate of GDP growth another sign of the economic growth the Fed is looking for in order to raise rates at their December meeting?

Borrowers who are owed relief funds under the Independent Foreclosure Review may lose that money if they do not meet the Fed's deadline for requesting a replacement check.

A statement from the FOMC showed that household spending and business fixed investment rose at solid rates in recent months, while the housing market continued to improve.

H.R. 3189, known as the Fed Oversight Reform and Modernization (FORM) Act, is scheduled for a full House vote this week after passing in the House Financial Services Committee by a 33-25 vote on July 29. The bill is sponsored by Rep. Bill Huizenga (R-Michigan), who is the House Monetary Policy and Trade Subcommittee Chairman.

Just a few days after proposing to eliminate several government agencies, including HUD, Texas Senator and Republican presidential hopeful Ted Cruz agreed to cosponsor the latest Federal Reserve Act of 2015 (S. 2232), commonly known as the “Audit the Fed” bill introduced by Sen. Rand Paul (R-Kentucky).

The Bureau of Labor Statistics’ stellar October employment summary, which reported 271,000 jobs added during the month, is believed by many to be sufficient economic improvement for the Fed to finally raise rates. That October employment summary many not be so rosy after digging a little deeper into the data, Crowe said.