Fed Chair Stresses Economic Stability, Lawmakers Press on Housing Crisis
Taking center stage, inflation, bank regulations, the housing crisis and the Consumer Financial Protection Bureau (CFPB) were key topics as Federal Reserve Chair Jerome Powell testified before the Senate Committee on Banking, Housing and Urban Affairs. During...
Here’s What Moves Mortgage Rates—and Why It’s Not Always the Fed
When the Federal Reserve raises or lowers its benchmark interest rate, many people expect mortgage rates to follow suit. But the relationship isn’t that straightforward. The federal funds rate—the rate banks charge each other for overnight loans—has an indirect...
Fed Governor Cautions Against Early Rate Cuts, Defends Community Banks
At the New England CEO Summit today, Federal Reserve Governor Michelle W. Bowman warned against cutting rates too often, and advocated against overregulation for community banks. For the housing sector, Bowman’s reluctance to lower rates may prolong higher mortgage...
Fed’s Preferred Inflation Gauge Rose Again at the End of 2024
The Federal Reserve declined to cut interest rates any further at its latest meeting—and the Fed’s preferred inflation metric now shows that the goal of 2% annual inflation remains elusive. In the latest monthly Personal Consumption Expenditures (PCE) report compiled...
Strategies to Boost Your Content’s Visibility
What’s the point of having a social media game plan if your content isn’t getting in front of the right people? Here are a few ways to improve your brand’s visibility and reach on social media.
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