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Author Archives: Staff Writer

The Week Ahead: GDP Growth in the Spotlight

The Bureau of Economic Analysis (BEA) will release the second of three estimates for the nation's first quarter GDP growth this week. In the advance estimate for the first quarter released in late April, the BEA reported GDP growth to be a weak 0.5 percent.

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Existing-Home Sales Emerge Triumphant

Existing-homes sales have been up against unfavorable odds including inventory shortages, soaring home price appreciation, and stagnant household income growth. However, they defied those odds and came out on top for the second consecutive month.

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Fed Keeps June Rate Hike on the Table


The Fed fueled further speculation about another rate hike in June, which would be the first time the Fed has raised the federal funds target rate since the historic liftoff in December.

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5 Years Later—A CFPB Progress Report


Nearly five years ago, Congress created the CFPB, and its sole purpose was to serve as recovery agent for the American people coming out of the financial crisis. But how effective has the Bureau been in doing its job?

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