Home prices are on the decline after their pandemic-era melt-up. That’s bad news for current real estate investors, and probably good news for prospective ones. Here’s how to navigate today’s shifting market. After their historic […]
The last time the U.S. housing market looked so frothy was back in 2005 to 2007. Then home values crashed, with disastrous consequences. When the real estate bubble burst, the global economy plunged into the deepest downturn […]
US equities fell on Wednesday as investors turned cautious on comments from Federal Reserve officials that US interest rates would have to rise to combat inflation. The blue-chip S&P 500 ended 1.1 percent lower as […]
WASHINGTON, Feb 9 – Tight monetary policy is “unequivocally” slowing the U.S. economy, allowing the Federal Reserve to move “more deliberately” with any further interest rate increases, Richmond Fed President Thomas Barkin said on Thursday. […]
U.S markets finally got the Fed’s message. Two officials on Wednesday essentially echoed Fed Chair Jerome Powell’s hawkish speech on Tuesday. The Fed’s Waller warned that the fight against inflation might be a drawn-out process, […]
U.S. stocks closed Wednesday lower as another bout of earnings results hit traders’ desks and Wall Street weighed the outlook for interest rates after Federal Reserve Chair Jerome Powell signaled more hikes may be needed […]
There is a saying in the world of monetary policy: only hawks go to central-banker heaven. Among the men and women charged with managing their economies’ money, the fortitude to rein in an economy which is […]
Dec 11 (Reuters) – U.S. Treasury Secretary Janet Yellen on Sunday forecast a substantial reduction in U.S. inflation in 2023, barring an unexpected shock. “I believe by the end of next year you will see […]
February 2007 Great question. Unfortunately, there isn’t a standard answer, although there is a well-known joke economists like to tell regarding the difference between the two. But, let’s come back to that later. Recession Let’s […]
Spring is usually the busiest season in the housing market. Many buyers wait until then to make their move, believing it’s the best time to find a home. However, that isn’t always the case when […]
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