Tag Archives: FOMC

What Did Janet Yellen and FOMC Really Say?

Popular Economics Weekly The moment that the Federal Reserve’s FOMC meeting ended, and its comments were released, interest rates rose. Why? Because bond-holders and currency traders in particular (the dollar exchange rate rose, also), believed that the Fed could raise … Continue reading

Posted in Economy, Macro Economics, Politics, Weekly Financial News | Tagged , , , , , | Leave a comment

Consumer Debts Returning to ‘Normal’

Popular Economics Weekly The NY Fed released their 2013 Q4 Household Debt and Credit Report. The report showed that total household debt is 9.1 percent below the Q3 2008 peak. Mortgage debt is down 13.4 percent from the peak, and … Continue reading

Posted in Consumers, Economy, Weekly Financial News | Tagged , , , , , | Leave a comment

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

Posted in Consumers, Economy, Politics, Weekly Financial News | Tagged , , , , , , , , | 1 Comment

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

Posted in Consumers, Economy, Housing, housing market, Weekly Financial News | Tagged , , , , , , , | Leave a comment

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

Posted in Uncategorized | Tagged , , , , , , , | Leave a comment

The Fed Worried About Continued Growth

Popular Economics Weekly Fourth Quarter Gross Domestic Product growth was a bust. What does that say about 2013? Are consumers tapped out, and capital expenditures (capex) shrinking, the two main drivers of economic growth? It doesn’t seem so, as long … Continue reading

Posted in Consumers, Economy, Macro Economics, Politics, Weekly Financial News | Tagged , , , , , | 1 Comment

2013 Year of Housing Recovery

The Mortgage Corner Wall Street is jumping on the real estate band wagon. Not only are hedge funds now buying foreclosed homes in bulk, reducing the ‘shadow inventory’ of homes with delinquent mortgages, but the record low interest rates are … Continue reading

Posted in Consumers, Economy, Housing, housing market, Weekly Financial News | Tagged , , , , | Leave a comment

U.S. Economy Is In Recovery

Popular Economics Weekly I mentioned last week that the U.S. economy is now growing faster than the rest of the developed world. How can that be, you say, with all the election propaganda saying the recovery has been a failure?  … Continue reading

Posted in Consumers, Economy, Macro Economics, Politics, Weekly Financial News | Tagged , , , , , , , | Leave a comment

Better Growth and Jobs Ahead?

Popular Economics Weekly The U.S. economy is now growing faster than the rest of the advanced economies. And the Fed just announced it will discuss a possible expansion of the size of its third round of bond buying (QE3) and … Continue reading

Posted in Economy, Keynesian economics, Macro Economics, Weekly Financial News | Tagged , , , , , , , , , | Leave a comment

Income Inequality Behind Most Poverty

Financial FAQs There were 46.2 million Americans in poverty in 2011, as median household income decreased to its lowest level since 2000, according to a Census Bureau report released this week that illustrated the toll from ongoing labor-market weakness. The … Continue reading

Posted in Consumers, Economy, Macro Economics, Politics, Weekly Financial News | Tagged , , , , , , , , , , | Leave a comment