Tag Archives: Federal Reserve

Why the Fed’s Obsession With Inflation?

Posted on December 20, 2018 by Popular Economics Weekly

Popular Economics Weekly tradingeconomics.com/FRED The Federal Reserve’s December FOMC statement, said, after increasing their overnight rate another one-quarter percent: “Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. The Committee judges that some further … Continue reading →

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Why Isn’t Inflation a Problem?

Posted on December 18, 2018 by Popular Economics Weekly

Popular Economics Weekly us.econoday.com It looks like inflation will no longer be a problem holding back consumer spending for the forseeable future; or in any other economy in the developed world as well. It’s not a problem because economies today … Continue reading →

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It’s the Third Largest Housing Boom Ever!

Posted on December 11, 2018 by Popular Economics Weekly

The Mortgage Corner fred.stlouisfed.org The 10-year Treasury bond yield has fallen back to 2.86 percent, which is usually recession territory. And the 30-year conforming fixed rate is 4.125 percent again with a 1-point origination fee. This is unheard of in … Continue reading →

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Credit Alert—Interest Rates about to Invert

Posted on December 4, 2018 by Popular Economics Weekly

The Mortgage Corner MarketWatch.com The spread between the 2-year note and the 10-year narrowed 4 basis points to 0.16 percentage point on Monday, its flattest levels since July 2007, according to MarketWatch. The 10-year Treasury yield dropped back below 3 … Continue reading →

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Beware the Shrinking US Dollar!

Posted on November 29, 2018 by Popular Economics Weekly

Popular Economics Weekly Econoday.com Barron’s Magazine reported that the Fed is shrinking credit too quickly, and it will slow not only U.S. economic growth, but growth in the rest of the world as well. Why? Because the U.S. Dollar is … Continue reading →

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Higher Interest Rates Ahead?

Posted on November 14, 2018 by Popular Economics Weekly

Popular Economics Weekly Econoday.com The benchmark 10-year Treasury Bond Yield that determines mortgage and other long term rates ended at 3.13 percent today from 3.11 percent last week with the continued stock market selloff. It was as high as 3.22 … Continue reading →

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U.S. Wages At 9-Year High

Posted on November 2, 2018 by Popular Economics Weekly

Popular Economics Weekly MarketWatch.com Total nonfarm payroll employment rose by 250,000 in October, and the unemployment rate was unchanged at 3.7 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in health care, in manufacturing, in construction, … Continue reading →

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The Budget Buster-In-Chief Wants to Scare US

Posted on November 1, 2018 by Popular Economics Weekly

The Mortgage Corner Federal Budget The Treasury is on track to issue $1.34 trillion in new debt this year, more than double the amount in 2017. The Trump tax cuts and higher government spending are leading to higher borrowing needs, … Continue reading →

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Strong Employment Report Due Tomorrow?

Posted on October 4, 2018 by Popular Economics Weekly

Financial FAQs Graph: Econoday ADP, or Automatic Data Processing, predicts 230,000 private payroll jobs could be created in September per tomorrow’s U.S. unemployment report. The reason is both the manufacturing and non-manufacturing (service) sectors reported strong hiring in their ISM … Continue reading →

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Housing Supply Still Too Low

Posted on October 1, 2018 by Popular Economics Weekly

The Mortgage Corner Graph: Econoday Most of the construction activity is in the commercial sector, at the moment, though sales of newly-constructed homes rose 3.5 percent compared to July. The pace of new-home sales in August was 12.7 percent higher … Continue reading →

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