At Tuesday's meeting with the Senate Committee on Banking, Housing, and Urban Affairs, Federal Reserve Chair Janet L. Yellin discussed the current economy, increasing job growth, interest rates and the uncertain future of Dodd-Frank.
Read More »Fed Raises Rates; What Comes Next?
For the first time in a year and only the second time in a decade, the Federal Open Market Committee raised the federal funds target rate. What implications does the Fed rate hike have for housing going forward?
Read More »Is the Fed Ready to Make a Move?
The Federal Reserve has not raised the federal funds target rate since last December. What do the minutes from November's meeting indicate?
Read More »The Week Ahead: What Does the Fed Have Up Its Sleeve?
A June rate hike was widely expected but did not occur. Now with the Brexit vote, some are suggesting it is going to be a while before the Fed raises long-term interest rates.
Read More »Fed Holds Off on Rate Hike Until Economy Improves
The Federal Open Market Committee (FOMC) once again stood still on raising the federal funds rate this month due to disappointing economic indicators, leaving the looming question of when the Fed will make its move.
Read More »The Week Ahead: Is the Fed Between a Rock and a Hard Place?
Although the Federal Open Market Committee (FOMC) did not raise the federal funds rate at the April meeting, even with further improvement observed in the housing sector, there has been ongoing speculation about if the Fed would make a move this month.
Read More »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.
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 »Fed Decides Against Interest Rate Hike
According to the FOMC’s statement, this decision was made to “support continued progress toward maximum employment and price stability” and largely factored in energy prices, household spending and incomes, unemployment rates, inflation and other economic influencers. Despite opting to continue with its current interest rates, the FOMC’s statement did recognize that increases in the future are possible.
Read More »Fed Removes ‘Patient’ Pledge after FOMC Meeting
Despite removing the “patient” policy, the Federal Open Market Committee remained steady on the belief that interest rates will not increase by their April meeting. Fed Chair Janet Yellen emphasized in a press conference following the meeting, the removal of the pledge doesn’t mean Fed rates will increase by June.
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