by Liz Ruggiero | Jun 22, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The Leading Economic Index (LEI) fell by 0.7% in May to 106.7, continuing the recent trend of decline from April (-0.6%), according to the latest release from The Conference Board. This reading marks 15 months of consecutives declines. February’s LEI was down 4.3%...
by Liz Ruggiero | Jun 13, 2023 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier, Teams |
The latest Consumer Price Index (CPI) released this morning showed inflation hitting its lowest level in over two years at 4%, providing powerful evidence that the economy is on the right track just as the Federal Reserve meets to make its next rate hike decision....
by Liz Ruggiero | Jun 1, 2023 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier, Teams |
Lawmakers approved legislation that would suspend the federal government’s $31.4 trillion debt ceiling mere days before the default deadline. The House of Representatives approved the bill on Wednesday, May 31, by a 314-117 vote, while the Senate followed suit a...
by Liz Ruggiero | May 25, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The choices of the Federal Reserve over the last year or two—and particularly in the last month—have been deeply scrutinized. After years of low rates and relatively loose monetary policy, the central bank was quick to slash rates to zero and unleash quantitative...
by Liz Ruggiero | May 23, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The prospect of a crashing economy is scary. But possibly just as scary—though maybe less dramatic—is the threat of a persistent, dragging crisis, which would result in a much longer period of depressed economic activity, stunting medium-term growth and stability...