by Susanne Dwyer | Nov 3, 2019 | Consumer, Home Spun Wisdom, Latest News, News |
(TNS)—The Fed lowered rates by a quarter of a percentage point Wednesday, for the third time this year, in an 8-2 vote. Citing “global developments for the economic outlook as well as muted inflation pressures” in a statement released by the Federal...
by Susanne Dwyer | Nov 2, 2019 | Latest News, National, News |
On Wednesday, the Fed announced another anticipated interest rate cut, the third since July, and again by a quarter point to the 1.50 percent to 1.75 percent range. The Fed will continue to watch the economic landscape, which it says has a “strong labor...
by Suzanne De Vita | Oct 17, 2019 | Uncategorized |
Balance. Everyone felt it at the start of the year—conditions leveling, the market yin and yanging. About half of Power Brokers sensed it, too—that the current cycle’s ending, and a different dynamic’s emerging. Now, with two months left in 2019, the...
by Susanne Dwyer | Jun 19, 2019 | Latest News, National, News |
Amid graying economic factors and global tension, the Federal Reserve left rates the same on Wednesday, aligning with the broad consensus, but, importantly, leaving open the possibility of a rate reduction. “The [Federal Open Market] Committee continues to view...
by Susanne Dwyer | Jan 24, 2019 | Latest News, National, News |
With the Federal Reserve indicating a looser policy, the housing market is on a path toward plateauing, according to analysts at Fannie Mae. Fannie Mae’s Economic and Strategic Research Group expects the Fed to hike interest rates once this year, according to...