Tag Archives: Federal Reserve

Unemployment Rate Stuck

Posted on August 10, 2015 by Popular Economics Weekly

Popular Economics Weekly The U.S. pumped out another 215,000 new jobs in July, but it doesn’t look like this is enough to convince the Fed to begin to raise rates in September. Workers still aren’t getting decent raises and millions … Continue reading →

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Iran Agreement Means Low Inflation, Higher Growth

Posted on July 16, 2015 by Popular Economics Weekly

Financial FAQs Although economists haven’t yet begun to crunch the numbers, Iran’s agreement not to produce atomic weapons or weapon-grade plutonium for at least 10 years will result in much lower oil prices, thus keeping inflation in check and interest … Continue reading →

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Greece’s Great Depression

Posted on July 10, 2015 by Popular Economics Weekly

Financial FAQs This may seem facetious some 6 years into recovery, but many policy makers don’t seem to understand the severity of the Great Recession, or its consequences. It is the major reason why Greece, and many other Eurozone countries … Continue reading →

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Germany’s Failed Austerity Policies

Posted on April 17, 2015 by Popular Economics Weekly

Financial FAQs One would think by now the debate has been resolved on which economic model created the better recovery for this Great Recession or Lessor Depression, as P Krugman has called it. But no, Germany’s Finance Minister Wolfgang Schauble … Continue reading →

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Mortgage Delinquencies Close to Pre-Recession Lows.

Posted on April 7, 2015 by Popular Economics Weekly

The Mortgage Corner Calculated Risk reports Black Knight Financial Services (BKFS) released their Mortgage Monitor report for February on Monday. According to BKFS, 5.36 percent of mortgages were delinquent in February, down from 5.56 percent in January. BKFS reported that … Continue reading →

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Housing In Recovery-Pending Home Sales Soar

Posted on April 2, 2015 by Popular Economics Weekly

The Mortgage Corner February Pending Home Sales Index, a forward-looking indicator based on contract signings, rose 3.1 percent to 106.9 in February from a slight downward revision of 103.7 in January and is now 12.0 percent above February 2014 (95.4). … Continue reading →

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Labor Force Participation Improving

Posted on March 19, 2015 by Popular Economics Weekly

Popular Economics Weekly One lament by Fed Chairperson Janet Yellen and others has been the low labor participation rate of the prime-age workers—those 25 to 54 year-olds that have dropped out of the labor force, or are working part time.  … Continue reading →

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Good Employment Report for Most

Posted on March 7, 2015 by Popular Economics Weekly

Financial FAQs The stock market plunged on news total nonfarm payroll employment increased by 295,000 in February, and the unemployment rate edged down to 5.5 percent, the U.S. Bureau of Labor Statistics reported today. The DOW fell 279 points, and … Continue reading →

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Fed Chair Yellen Still Dovish, Economy Still “Sluggish”

Posted on February 27, 2015 by Popular Economics Weekly

Popular Economics Weekly Federal Reserve Chairperson Yellen wants to keep interest rates as low as possible for at least the “next couple of FOMC meetings”, even as there are signs that economic growth is accelerating. This is in the face … Continue reading →

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January Existing Home Sales, Mortgage Applications Dip

Posted on February 26, 2015 by Popular Economics Weekly

The Mortgage Corner Oh, the winter freeze! It seems to put the housing market into a deep freeze, as well. Total existing-home sales, completed transactions that include single-family homes, townhomes, condominiums and co-ops, fell 4.9 percent to a seasonally adjusted … Continue reading →

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