Tag Archives: Janet Yellen

Janet Yellen and The Fed’s Rate Hike(s)

The Mortgage Corner The Federal Reserve on Wednesday raised a key U.S. interest rate for the first time in a year and signaled a more aggressive approach in 2017, when incoming president Donald Trump plans a so-called ‘full-throttle’ strategy to … Continue reading

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Record Retail Sales, Higher Growth Ahead?

Financial FAQs It looks like Q4 GDP could be higher than the Third Quarter’s initial estimate of 2.9 percent growth. That’s because retail sales and wholesale inventories, both major contributors to growth, are surging. Retail sales jumped 0.8 percent in … Continue reading

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Q3 GDP Growth Fastest In 2 Years

Financial FAQs Third quarter GDP growth was the fastest in two years, aided by a spike in soybean and other U.S. exports and a rebound in the size of inventories companies keep on hand for sale, reports the U.S. Bureau … Continue reading

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Poverty Level Down, As Household Incomes Surge

Popular Economics Weekly Fewer Americans lived in poverty in 2015 and median incomes charted their first increase since the Great Recession, according to data released Tuesday by the Census Department. The official poverty rate fell 1.2 percentage points between 2014 … Continue reading

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Much More Housing Needed

The Mortgage Corner There’s an exception to the current low inflation prognostications echoed in my column by the San Francisco Fed Prez John Williams. It’s in housing, which is struggling to meet the surging demand for both new homes and … Continue reading

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No More Inflation?

Popular Economics Weekly San Francisco Fed President John Williams has said something that most Central Bankers won’t say. He believes the current low inflation, low growth economy could continue indefinitely, if something isn’t done differently. He writes in the FRBSF’s … Continue reading

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Should the Fed Raise Rates?

Financial FAQs It’s incredible that Janet Yellen’s Fed should even be talking about raising interest rates in June, or July. The Fed predicts no more than 2.5 percent GDP growth in Q2, after Q1’s 0.8 percent growth rate. And the … Continue reading

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Fed Stays in Accommodative Mode

Popular Economics Weekly It looks like Janet Yellen’s Fed will continue to keep interest rates low this year, based on the latest FOMC press release. This is great news for the housing market, in particular, but not necessarily for consumers … Continue reading

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U.S. Nearing Full Employment?

Popular Economics Weekly Are we approaching full employment will be the debate raging within the Federal Reserve and beyond this year. That’s because, “Total nonfarm payroll employment rose by 215,000 in March, and the unemployment rate was little changed at … Continue reading

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Why Is the Fed Waiting For Inflation?

Popular Economics Weekly The Federal Reserve should stick with a “wait-and-see monetary response” absent more evidence of sustainable inflation gripping the U.S. economy, Chicago Fed President Charles Evans said Tuesday. That seems to be Fed Chairwoman Yellen’s response to current … Continue reading

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