Tag Archives: Federal Reserve

Home Ownership Rate Increases, Thanks to Millennials

Posted on November 3, 2015 by Popular Economics Weekly

The Mortgage Corner The Commerce Department just reported that homeownership rate rose to 63.7 percent in the third quarter, from 63.4 percent in the second quarter, reports the National Association of Realtors. That is still well below the high of … Continue reading →

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Which Are Fastest Growing States?

Posted on October 26, 2015 by Popular Economics Weekly

Popular Economics Weekly A very interesting report by the Philadelphia Fed is just out that surveys economic growth in all 50 states. And the report shows excellent growth continuing in most of the country as of September. The Federal Reserve … Continue reading →

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Pending Sales, Housing Construction Are Healthy

Posted on October 19, 2015 by Popular Economics Weekly

The Mortgage Corner Most of the Federal Reserve Governors have announced they don’t support raising interest rates until sometime next, year, and only if worldwide economic growth picks up. Why? The US Dollar is so strong that it’s hurting exports, … Continue reading →

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Why the Q3 Slowdown Predictions?

Posted on October 15, 2015 by Popular Economics Weekly

Financial FAQs The International Monetary Fund and the Federal Reserve have downgraded their estimates of growth in upcoming quarters. The IMF takes the worldwide view, with particular weakness in the emerging markets of Brazil, Nigeria, South Africa and Russia., and … Continue reading →

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When Will Fed Raise Interest Rates?

Posted on October 12, 2015 by Popular Economics Weekly

The Mortgage Corner It has been puzzling many major economists, including Nobelist Paul Krugman, Obama advisor Larry Summers, and Minneapolis Fed Chair Narayan Kacherlakota, why Janet Yellen’s Fed is still talking about raising interest rates when current inflation numbers are … Continue reading →

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Q2 Economic Growth Gangbusters, But Q3?

Posted on September 27, 2015 by Popular Economics Weekly

Popular Economics Weekly In spite of all those predictions that GDP growth would exceed 3 percent for the rest of the year and into 2016, the latest factory orders and inflation indicators show a slowdown in Q3 from Q2’s gangbusters … Continue reading →

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Don’t Count On Inflation Moving Federal Reserve

Posted on September 17, 2015 by Popular Economics Weekly

Popular Economics Weekly The Federal Reserve didn’t raise interest rates today at the close of their FOMC meeting. In fact the 9-1 vote against raising rates wasn’t even close. So don’t count on inflation to save the day for the … Continue reading →

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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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