This week, it pivoted. “You’re getting now back to the point where both mandates are important,” Fed Chair Jerome Powell told reporters Wednesday after the central bank’s meeting.
Going back to since the NAR has tracked the information, the share of homes bought by first-time home buyers has never been ...
Which ones have content, and which are mainly useful for headline writers? First, the Fed now, like the Fed in the 1930s, is very much groping in the dark. Every financial crisis is different ...
A Trump win would likely come with a host of inflationary policies that would make it difficult for the Fed to ease policy further, David Kelly said. BlackRock CEO Larry Fink said the Fed will cut ...
Now at just 2.4%, the rate is closing in on the Federal Reserve's target 2% goal. That keeps expectations set for two 25-basis interest rate point reductions for when the Fed meets again in ...
Investors have once again been head-faked by the Fed. After seven false alarms where markets priced in a dovish pivot by policymakers, the Federal Reserve finally turned dovish in a big way—only ...
Anything that might rock the boat prematurely for stocks was off the table. That worked for a while, but now the Fed is beginning to understand the consequences of kicking the can down the road.
The fact that the Fed did not wait until the 2% inflation target was hit clearly shows where its priorities lie now–to avoid a recession. Much more than breaking news, our diverse reporting digs ...
But with a healthy labor market and a solid economy, he says, the Fed can now be more “deliberate” with rate cuts ahead. “We don't want the labor market to weaken so much that it's going to ...
For now, the Fed appears on course to hike again in July. Upcoming statements from Fed officials together with economic data releases will help clarify the picture as the meeting draws closer.
"If you were second guessing the Fed going .50 in September, you aren't now," Cox said. Cox said a 50-basis point rate cut in November is likely. "Inflation is no longer the story in the PCE data ...
and now meteorological destruction — to new record highs. Next on tap is inflation data. Wednesday’s release of the Federal Reserve’s minutes of its last policy meeting shows there’s a ...