Tag Archives: Federal Reserve

Fed Chairman Yellen Will Boost Economic Growth

Financial FAQs If we need any more evidence that Janet Yellen should be the next Federal Reserve Chairperson, it was the decision by the Fed Governors to continue their easing at the conclusion of their September 18 FOMC meeting, just … Continue reading

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Why Didn’t Fed Reduce QE3?

Popular Economics Weekly Chairman Ben Bernanke attempted to answer that question at his post-FOMC press conference last Wednesday.  He said economic growth has slowed and so the Fed has reduced its growth projection to 2.0 to 2.30 percent for the … Continue reading

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Existing Home Sales Take Off

The Mortgage Corner Existing-home sales have finally taken off, a sign that real estate might now be leading the economic recovery. Real estate has historically led past recoveries, by employing so many construction workers and professional services, but not this … Continue reading

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Deflation is the Danger

Financial FAQs The Federal Reserve is about to announce their decision on when to begin tapering their purchases of securities at next Tuesday’s FOMC meeting. Among other issues is whether there is any danger of future inflation from continuing the $85 … Continue reading

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Bad Jobs Report, Another New Deal Needed

Financial FAQs We now know why this economic recovery has been so weak 4 years after the end of the Great Recession. The government has been taken out of the jobs market. Government spending has been cut, rather than increased … Continue reading

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Why Is QE3 So Important For Housing?

The Mortgage Corner Alas, it does look like the Fed’s Governors are about to slow down the $85 Billion in monthly purchases of Treasury Bonds and Mortgage Backed Securities that have been holding down long term interest rates since last … Continue reading

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QE3 Works, So Please Don’t Mess With It!

Financial FAQs Dear Federal Reserve Governors; Please don’t mess with QE3 just yet! Not in September, or even December. There are still too many reasons not to begin to taper the $85 billion per month in purchases that have kept … Continue reading

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Bank Lending Still Stingy

The Mortgage Corner The Federal Reserve just published its quarterly Senior Loan Officer survey on lending standards by the largest banks. They basically adhere to the strictest Fannie Mae and Freddie Mac guidelines for residential loans, such as minimum 620 … Continue reading

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Higher Retail Sales Point to Consumer Health

Popular Economics Weekly Consumers are buying more, a reflection of improving incomes and the jobs market. The U.S. Census Bureau announced Wednesday that advance estimates of U.S. retail and food services sales for February, adjusted for seasonal variation and holiday … Continue reading

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Bernanke’s Fed Growing U.S. Economy

Popular Economics Weekly Right now, the Federal Reserve seems to be the only government agency focused on growing the economy. Washington has otherwise been focused on the sequester agreement, or how to further cut government spending. But such austerity measures … Continue reading

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