Tag Archives: Federal Reserve

Housing Sales, Leading Growth Indicator, Higher

Posted on March 23, 2018 by Popular Economics Weekly

The Mortgage Corner Higher new and existing-home sales, and continued economic growth are the reason the Fed raised their overnight rate into a range between 1.5 to 1.75 percent on Wednesday. Even with consistently low inventory levels and faster price … Continue reading →

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Single Family Construction, Consumer Sentiment, Higher

Posted on March 20, 2018 by Popular Economics Weekly

The Mortgage Corner The US economy is booming, even with trade wars looming, and Putin attacking democratic institutions everywhere. The good news is interest rates and inflation are still extremely low, and consumers ebullient over their current status. Why not, … Continue reading →

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Where is the Inflation, Higher Growth?

Posted on March 14, 2018 by Popular Economics Weekly

Financial FAQs The drumbeat for a higher inflation target is picking up. The Chicago Fed’s Charles Evans recently advocated a less hawkish Fed stanch on maintaining the 2 percent inflation target with few signs of inflation even on the horizon. … Continue reading →

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Where is Inflation, and Higher Growth?

Posted on March 14, 2018 by Popular Economics Weekly

Financial FAQs The drumbeat for a higher inflation target is picking up. The Chicago Fed’s Charles Evans recently advocated a less hawkish Fed stanch on maintaining the 2 percent inflation target with few signs of inflation even on the horizon. … Continue reading →

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A Gangbusters February Employment Report

Posted on March 9, 2018 by Popular Economics Weekly

Popular Economics Weekly The U.S. added 313,000 new jobs in February, the biggest gain in a year and a half and clear evidence that a strong economy has plenty of room to keep expanding, said Marketwatch. The unemployment rate of … Continue reading →

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The Dangerous Treasury Yield Curve

Posted on March 5, 2018 by Popular Economics Weekly

Popular Economics Weekly New Federal Reserve Chairman Jerome Powell has maintained that the Fed is on track to raise their short term interest rates at least 3 times this year. Why? It sees higher inflation down the road because of … Continue reading →

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Lower Inventory = Fewer Home Sales

Posted on February 22, 2018 by Popular Economics Weekly

The Mortgage Corner WASHINGTON (February 21, 2018) — Existing-home sales slumped for the second consecutive month in January and experienced their largest decline on an annual basis in over three years, according to the National Association of Realtors. All major … Continue reading →

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Why Raise Interest Rates Now?

Posted on January 13, 2018 by Popular Economics Weekly

Financial FAQs The Federal Reserve is warning about the consequences of the just passed tax reform bill, which includes adding some $1.5 trillion to the federal debt in ten years. New York Fed President William Dudley says it will put … Continue reading →

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Housing Market Is Booming!

Posted on December 20, 2017 by Popular Economics Weekly

The Mortgage Corner Both new and existing-home sales are highest since the end of the Great Recession, thanks to interest rates that are still at historical lows, and in spite of the Fed’s latest 0.25 percent rate hike. It looks … Continue reading →

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Treasury Yield Curve Too Flat, As Fed’s Raise Interest Rate

Posted on December 13, 2017 by Popular Economics Weekly

Popular Economics Weekly The Federal Reserve FOMC meeting ended with the predicted 0.25 percent rate hike; but it’s happening at the wrong time.  This is the rate that controls credit card interest and the Prime Lending Rate banks use on … Continue reading →

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