by | Sep 29, 2025 | Economy, Industry News, Latest News, National, News, Premier |
Above, Michelle Bowman. The Fed cut interest rates by 25 basis points at the September Federal Open Market Committee (FOMC) meeting, citing concerns about a weak labor market seen through reports of increasing unemployment. This rate cut was made despite inflation...
by | Sep 26, 2025 | Economy, Industry News, Latest News, Lead Story, National, News, Premier |
Inflation remains elevated, but still in line with expectations in August, according to the latest readings of the Federal Reserve’s favored inflation measure: the Personal Consumption Expenditure (PCE) index from the Bureau of Economic Analysis (BEA) The PCE price...
by | Sep 24, 2025 | Economy, Industry News, Latest News, National, News, Premier |
Federal Reserve Chair Jerome Powell, in a speech before the Greater Providence Chamber of Commerce in Warwick, Rhode Island yesterday, delivered an updated economic outlook Tuesday, describing rates as “modestly restrictive” and warned of competing pressures from...
by | Sep 24, 2025 | Agents, Brokers, Economy, Industry News, Latest News, National, News, Premier |
Above: Bright MLS Chief Economist Lisa Sturtevant. Photo by AJ Canaria. While all eyes might be on America’s favorite celebrity couple—Travis and Taylor—there’s another high-stakes relationship unfolding behind the scenes with far greater implications for the housing...
by | Sep 23, 2025 | Economy, Industry News, Latest News, National, News, Premier |
In his first public speech since taking a seat on the Federal Open Market Committee (FOMC), Federal Reserve Governor Stephen Miran called for interest rates to be cut by two full percentage points and argued that the current monetary policy poses material risks to the...
by | Sep 17, 2025 | Economy, Industry News, Latest News, Lead Story, National, News, Premier |
The Federal Reserve has announced its first interest rate cut since December 2024, pointing toward a degrading job market as a strong reason for the shift in stance. The Federal Open Market Committee (FOMC) announced at its September meeting today that it is cutting...