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Tag Archives: finance
Interest Rates Coming Down?
The Mortgage Corner “Existing-home sales rose in May, according to the National Association of REALTORS®. Sales elevated in the Northeast, Midwest and South, but retreated in the West. Year-over-year, sales progressed in the Northeast and Midwest but contracted in the … Continue reading
Posted in Consumers, COVID-19, Economy, Housing, Politics, Weekly Financial News
Tagged consumer spending, Economy, Federal Reserve, finance, GDP growth, Great Recession, inflation, interest rates, Politics, Trump
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U.S. Already in Recession?
Financial FAQs The Conference Board Leading Economic Index® (LEI) for the US ticked down by 0.1% in May 2025 to 99.0 (2016=100), after declining by 1.4% in April (revised downward from –1.0% originally reported). The LEI has fallen by 2.7% in … Continue reading
What’s the Fed Saying?
The Mortgage Corner “In considering the outlook for monetary policy, participants agreed that with economic growth and the labor market still solid and current monetary policy moderately restrictive, the committee was well positioned to wait for more clarity on the … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged consumer spending, Economy, Federal Reserve, finance, GDP growth, inflation, interest rates, Politics, tariffs, Trump
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Who Needs a Tax Cut?
Popular Economics Weekly “A bill that cuts federal income taxes for middle-class families makes absolutely no sense, except as a sad way of camouflaging the real intent of the bill: Giving millions of dollars to the very wealthy, who happen … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged economics, Economy, Federal Reserve, finance, GDP growth, inflation, interest rates, Politics, Trump
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What’s Next?
Financial FAQs “The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2025 is 1.1 percent on May 1, down from 2.4 percent on April 30.” AtFedGDPNow What’s next for economic growth? Predictions for Q2 … Continue reading
Posted in Consumers, COVID-19, Politics, Weekly Financial News
Tagged consumer confidence, economics, Economy, Federal Reserve, finance, GDP growth, inflation, interest rates, Politics, Trump
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Whose Economy Is It Now?
Popular Economics Weekly “Total nonfarm payroll employment increased by 177,000 in April, and the unemployment rate was unchanged at 4.2 percent, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in health care, transportation and warehousing, … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged consumer spending, Economy, Federal Reserve, finance, GDP growth, inflation, interest rates, Politics, tariffs, Trump
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Higher Tariffs = Stagflation
Financial FAQs “Any tariff causes consumers to shift from imported goods to domestically produced alternatives that are more expensive, inferior in quality, or just not quite what they want. But with a low tariff domestic alternatives will be only a … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged economics, Economy, Federal Reserve, finance, GDP growth, inflation, interest rates, Politics, tariffs
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How Much LONGER Do We Wait?
The Mortgage Corner “The Consumer Price Index for All Urban Consumers (CPI-U) decreased 0.1 percent on a seasonally adjusted basis in March, after rising 0.2 percent in February, the U.S. Bureau of Labor Statistics reported today. Over the last 12 … Continue reading
Republicans’ Unchecked Greed
Popular Economics Weekly “George Will, the conservative pundit, gave the best description of Trump’s incompetence in a Washington Post Op-Ed: “It is urgent for Americans to think and speak clearly about President Trump’s inability to do either. This seems to be not … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged economics, Economy, Federal Reserve, finance, GDP growth, Great Depression, Great Recession, inflation, interest rates, Politics, Trump
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Stagflation vs. Recession?
Popular Economics Weekly Total nonfarm payroll employment rose by 228,000 in March, and the unemployment rate changed little at 4.2 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in health care, in social assistance, and in … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged consumer spending, Economy, Federal Reserve, finance, GDP growth, inflation, interest rates, Politics, Trump, unemployment report
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