The 2% inflation target has been repeated so often by Fed officials and central bankers worldwide that it seems absolutely crucial to a healthy economy. But “the 2% inflation target, it’s relatively arbitrary,” said Josh […]
The post Why the Fed Can Let the Housing Bust Rip: Mortgages, HELOCs, Delinquencies, Foreclosures, and Who’s on the Hook appeared first on Weekly Real Estate News.
The Fed “has come an appreciable way in bringing policy from a very accommodative stance to a restrictive one, but I believe we have more work to do,” Cleveland Fed President Loretta Mester said in […]
The Philadelphia Federal Reserve’s monthly manufacturing index plunged to -24.3 this month from -8.9 in January, belying expectations among economists for a third straight monthly improvement. The median estimate in a Reuters survey of economists […]
Federal Reserve chair Jay Powell has warned that the US central bank might have to raise interest rates more than investors expect because it will probably take a “significant period of time” to tame inflation […]
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, […]
The Federal Reserve Chairman Jerome Powell maintained a hawkish tone during his speech at a press conference on Wednesday afternoon — but it wasn’t hawkish enough to keep optimism from spreading across the markets as […]
The post Investors are ‘desperate’ for a recession that forces the Fed to cut interest rates but what happens to markets if the economy remains healthy? appeared first on Weekly Real Estate News.
Source: Fortune — The Federal Reserve has raised interest rates for the seventh consecutive time this year. This time, though, the hike is smaller: Fed Chairman Jerome Powell announced a half-point increase in the federal […]
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