Tag Archives: inflation rate

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

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

What Should Yellen’s Fed Do?

Popular Economics Weekly The big question hovering over the markets (both stocks and bonds), is whether the Federal Reserve will finally begin to raise short term interest rates at next week’s FOMC meeting. Markets are uncertain, and only a few … Continue reading

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

Record Post-Recession Home Sales, Construction, Case-Shiller Prices in July

The Mortgage Corner With all the bad news coming from the stock market, it’s good to know that this hasn’t affected the housing market. In fact, it’s pushing interest rates lower, so that a conforming 30-year fixed mortgage rate has … Continue reading

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

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

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

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

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

Three % Plus YoY Economic Growth Is Here

Popular Economics Weekly We are finally back to 3 percent plus GDP growth on an annual basis. And it is largely fueled by consumer spending that has been increasing as more jobs are created. Retail and Food service sales ex-gasoline … Continue reading

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

Will 2015 Interest Rates Remain This Low?

The Mortgage Corner Record low interest rates are holding, in spite of the latest stock market selloffs, and may remain low throughout 2015. Why? Oil prices are still below $50/barrel, and overall prices are falling throughout the developed world. The … Continue reading

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

Fed Chair Yellen Still Dovish, Economy Still “Sluggish”

Popular Economics Weekly Federal Reserve Chairperson Yellen wants to keep interest rates as low as possible for at least the “next couple of FOMC meetings”, even as there are signs that economic growth is accelerating. This is in the face … Continue reading

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

Europe on Verge of Recession

Popular Economics Weekly Oil prices are plunging below $50 per barrel, and the European Central Bank is about to announce whether it will begin its own Quantitative Easing program, similar to the Fed’s purchase of government securities that is designed … Continue reading

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

Mortgage Applications Increase Incredible 49 percent in January

The Mortgage Corner Mortgage applications increased 49.1 percent from one week earlier, said the just released Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending January 9, 2015. It was the largest increase since 2008 at the start … Continue reading

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