Posts filed under: Economics

Economics

In this article In March 2021, Federal Reserve Chairman Jerome Powell said, “[T]hese one-time increases in prices are likely to have only transient effects on inflation.” From then on, “transitory inflation” became the phrase of the year in economics, with high...
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In this article Fannie Mae is predicting a recession in 2024 in its latest Economic Developments report. As a result, home sales are expected to bottom out next year before ultimately improving in 2025. A 2024 recession has been repeatedly predicted by think...
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In this article The year’s final Federal Open Market Committee (FOMC) meeting concluded with no changes to the federal funds rate. This is now the third consecutive meeting that the Fed has held rates steady as they continue to hope that the...
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In this article There have been a lot of interesting threads in the economic space lately. The biggest stories have surrounded attempts to predict what the Federal Reserve will do in 2024.  From what I can tell, many economists and investors are...
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In this article ING Economics, a top financial and economic analysis think tank, released a report last week that boldly predicted that federal interest rates will likely be cut six times in 2024. ‘’We are currently forecasting 150bp of rate cuts...
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In this article Over the last couple of years, many economists and investors have criticized the Federal Reserve for failing to tackle inflation earlier. In March 2020, the federal funds rate was slashed to nearly 0% in response to COVID-19. By March...
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In this article Mortgage interest rates fell sharply in the first week of November following the Federal Reserve’s November meeting and its decision not to raise key rates any further. After breaking the 8% threshold in October, mortgage rates have been falling...
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In this article Wells Fargo is now the second major bank to draw parallels between today’s housing market and the one seen in the early ‘80s. Back then, mortgage rates were near 19%, and the market had slipped into a recession....
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In this article If you’re directly involved in real estate (and most of us here are), you’ve probably spent the last several months agonizing over interest rates. It’s possible that you’ve been taking some time away from investing.   Maybe take some extra...
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