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 »Fed Maintains Interest Rates as Yellen’s Tenure Winds Down
Janet Yellen oversaw her final meeting of the Federal Reserve’s Federal Open Market Committee (FOMC) Wednesday afternoon, with the Committee holding fast on interest rates and revising their projections on expected inflation. “Gains in employment, household spending, and business fixed ...
Read More »Fed Retains Rate … For Now
The Federal Reserve has opted not to change its key interest rate. But insiders and others who are in-the-know say that’s likely to change sooner than later.
Read More »Economic Outlook: Consumer Confidence and The Fed
The Federal Reserve Bank of New York recently released results from its September 2017 Survey of Consumer Expectations, which showed overall increases in pessimism. Specifically, the survey found that expectations about earnings, spending, income growth, home prices, financial situations and the stock ...
Read More »Fed Remains Stagnant
The Federal Open Market Committee held its sixth meeting on Wednesday to discuss monetary policy and the potential of an interest rate hike, which is expected to happen at least once before the close of 2017.
Read More »What Might a GDP-Targeted Monetary Policy Look Like?
There has been much speculation regarding the future of the Federal Reserve and the Federal Open Market Committee. Depending on the future decisions of the administration, what might a shift in monetary policy look like?
Read More »State of the Market
The Federal Open Market Committee released its minutes from its meeting in July on Wednesday, which detailed the Fed’s outlook on the state of all facets of the economy since its meeting in June, when it decided to raise interest rates.
Read More »What a Reduced Balance Sheet Could Mean . . .
The Fed is going to start chipping away at its balance sheet in the near future, but what sort of consequences—intended or otherwise—might that have on the mortgage industry?
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