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.
Read More »Fed Freezes on Rate Hike
Even though the housing sector has shown further improvement, the Federal Open Market Committee dodged another rate increase this month like many in the industry predicted.
Read More »The Week Ahead: A Tough Call for the Fed
This week’s minutes from the meeting are expected to provide explanation and insight into what the Fed's plans are this month.
Read More »Fed Opts Out of Rate Hike Until ‘Further Improvement’ in Economy
The Federal Open Market Committee (FOMC) stood still Wednesday as all eyes in the mortgage industry awaited their announcement to leave the federal funds rate at its current level.
Read More »Kansas City Fed: Rate Hike Should be “On the Table” March
Although economic conditions such as employment and inflation are not ideal, Kansas City Federal Reserve Bank President Esther George is pushing for the central bank to make one of those four increases the industry has been waiting on in March at the next Federal Open Market Committee meeting.
Read More »A Certain Uncertainty: Fed Wary of Economic Outlook, Future Rate Hikes
The Federal Reserve has consistently been obscure in the details surrounding its monetary policy decisions, and the Federal Open Market Committee was abundantly clear on just how unsure they are about the future in regards to their recent decision to leave rates at their current level.
Read More »Fed Reverts Back to Old Ways, No Rate Hike This Month
Given the rough start to 2016, some in the industry are beginning to question if the Fed will dial back on its December decision or ease up on the four "gradual increases" projected for this year.
Read More »Fed Minutes: Rate Hike a Close Call
The Federal Reserve's daring move to increase the federal funds rate just before the end of 2015 was no surprise to most, but what the mortgage industry did not know was that this initial move would only the beginning of a series of events..
Read More »It’s Official: The Fed Finally Raises Rates
The Federal Reserve made the long-awaited, much-anticipated announcement on Wednesday afternoon that federal funds target rate will increase by a quarter of a percentage point from its near-zero level where it has been since 2006.
Read More »The Pressure’s On: Will the Fed Raise Rates Next Week?
On Wednesday, December 16, the Federal Open Market Committee (the policy-making arm of the Federal Reserve) will wrap its eighth and final meeting of 2015. Nearly everyone from economists, analysts, and even the policymakers themselves are predicting the FOMC to announce the Fed’s first federal funds rate hike in nine years.
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