The latest jobs report is good; most other factors are stable. The economic wild card is the uncertain prospects for the outcome of the trade…
Posts published in “federal reserve”
Markets poised for lower rates
By The Citizen on November 22, 2019
The greatest threat to the global economy is trade friction with China, says regular Inman columnist Lou Barnes. Source: Inman News
Good news from bonds and mortgages? Read and smile
By The Citizen on November 2, 2019
Just like the ’62 Mets, everywhere columnist Lou Barnes looks in our economy today, global as well as U.S., he sees that the team is…
Mortgage rates rising — no matter what the Federal Reserve does
By The Citizen on October 25, 2019
Long-term rates have stayed in a narrow range for anther week, mortgages still close to 4.00 percent. However, two developing patterns suggest changes ahead, although…
Positive outlook clouded by the threat of impeachment
By The Citizen on October 18, 2019
The Brexit deal, the trade negotiations with China and a new president of the European Central Bank are all good news. But the threat of…
Washington’s political drama obscures potential new rate drops
By The Citizen on October 12, 2019
The forecast for interest rates is still low, reinforced by new information from the Federal Reserve. Source: Inman News
Rates head toward all-time lows
By The Citizen on October 7, 2019
The slowing global economy is not the fault of the central banks, and it’s beyond their repair. Global markets are slowing down for natural reasons,…
Appraisal requirements axed on sales of $400K and under: Fed
By The Citizen on September 28, 2019
Approved by the Federal Reserve on Friday, the adjustment, from $250,000 to $400,000, marks the first time in 25 years such an appraisal threshold has…
Housing is improving, and the economy is steady
By The Citizen on September 28, 2019
The economic data, especially housing, is encouraging. The rate of GDP growth is steady near 2 percent, right on the Federal Reserve’s target. Source: Inman…
Housing market too strong for more Fed cuts
By The Citizen on September 21, 2019
President Trump has tweeted that the “boneheads” at the Federal Reserve should lower interest rates to “zero” or “less,” but Federal Reserve Chairman Jerome Powell…