Inflation rate hits Fed goal, reaches highest level since 2012

The U.S. inflation rate rose 2 percent to the highest it’s been since 2012, according to the latest figures released by the U.S. Department of Commerce’s Bureau of Economic Analysis.

Fed: Rates Increased for Second Time This Year

As predicted by all officials, the Fed raised rates for the second time in 2018—from 1.75 percent to 2 percent. The remainder of 2018 and 2019 may see more gradual hikes, with analysts predicting two more increases by year’s end in order to curb future inflation concerns following reports of a strong labor market and […]

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Fed Hikes Rates—How Many More Are to Come?

The Federal Reserve carried out its first hike of 2018 on Wednesday, increasing interest rates one-quarter percentage point and leaving open the possibility of more raises this year. The action was anticipated by the market, which has been on a robust—and, at times, rollercoaster—run. “In view of realized and expected labor market conditions and inflation, […]

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Fed Raises Rate for Third Time This Year

The Federal Reserve acted as expected on Wednesday, increasing the key interest rate one-quarter percentage point for the third time this year. The action concludes a hastened 12 months for the policymaker, which raised the rate in March and June, as well as once in 2016 and once in 2015. It forecasts three rate raises […]

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Economic Outlook: Slow Going to Push Rate Hike to End of Year

Analysts anticipate a slowdown for the economy in the latter half of 2017, with housing having less bearing on growth due to constraints in supply, according to Fannie Mae’s Economic & Strategic Research (ESR) Group’s recently released Economic and Housing Outlook for July 2017. The Outlook maintains the economy will grow 2.0 percent over the […]

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Fed hikes rates, as expected; mortgage rate movement not anticipated

“The Fed will raise the overnight cost of money on Wednesday, from a band 0.50 percent-0.75 percent to 0.75 percent-1.00 percent,” predicted Inman writer Lou Barnes on Friday …

Friday’s job numbers won’t be enough to slow the pending Fed rate hike

Financial markets are freezing like the scenes in sci-fi movies, jagged lines of frost hissing and crackling across trading floors. On election day the S&P (Standard & Poor) 500 was 2139. By December 20, elated by coming stimulus, tax cuts and regulatory relief, the index reached …

The Fed just hiked interest rates — what to expect

Today, the Fed met and decided to hike rates. What’s that mean for real estate agents and their buyer and seller clients …

Rates won’t get a hike this week — but they won’t go down, either

The rise in long-term rates last week has been stopped by additional lousy economic news from August: retail sales and industrial production shrank versus forecast gains …

Why a September Fed rate hike would be risky

Big economic reports on the Friday before a long holiday weekend can produce epic violence in the bond market, but not last week. Long-term rates are entering a third-straight month in the same narrow trench, the 10-year T-note 1.50 percent-1.60 percen…