Mortgage rates hit their highest mark since August 2020 this week, but home shoppers continue to take advantage of record-low rates as the U.S. economy slowly comes back to life.
Read More »Fed ‘Running Out of Ammunition’ in Fight Against Coronavirus?
Fed Chair Jerome Powell reiterated that the U.S. economy remains strong, while one insider said the Federal Reserve is “running out of ammunition.”
Read More »The Week Ahead: Updates on Federal Financial Policy
Hear from Federal Reserve Chair Jerome Powell in his semi-annual monetary policy report to Congress in The Week Ahead.
Read More »Senators Call for Removal of Wells Fargo’s Sloan
In a letter to Federal Reserve Chairman Jerome Powell, Senators Elizabeth Warren and Sherrod Brown have urged for Wells Fargo’s growth restrictions not to be lifted until Wells Fargo President and CEO Tim Sloan is removed.
Read More »How the Fed Will Review BB&T, SunTrust Merger
Fed Chair Jerome Powell outlined the steps that the Fed will take to ensure a “thorough and transparent” review of the recent merger during his testimony before the House Financial Services Committee.
Read More »Powell: “Financial Conditions Now Less Supportive of Growth”
Here’s what Fed Chair Jerome Powell had to share on the economy and housing during the Fed’s semi-annual monetary policy report to the Congress.
Read More »Fed Hits Pause on Rate Hikes
While Fed Chair Jerome Powell has signaled a pause on rate hikes, here’s how the Fed’s new strategy could impact housing and the economy.
Read More »Addressing the Fed’s Future
Here’s why Fed Chair Jerome Powell said he wasn’t likely to resign any time soon during a recent panel discussion in Atlanta.
Read More »Assessing Higher Bank Capital Requirements
A report analyzes banks’ heavy reliance on debt and its impact on the housing market.
Read More »Monitoring the Triggers for Financial Distress
The Fed’s first Financial Stability Report assesses the triggers that can impact the economy’s monetary stability. Watch this video to learn what the Fed Chairman, Jerome Powell had to say about this report’s findings.
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