Tag Archives: Federal Reserve

Why the Q3 Slowdown Predictions?

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?

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?

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

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

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

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

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

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.

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

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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