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 […]

The post Fed: Rates Increased for Second Time This Year appeared first on RISMedia.

Experts Are Eyeing a Recession in 2020—but It’s Not Why You Think

The economy is on a roaring run. Is a downturn imminent? Experts in housing are predicting a recession starting in 2020, according to Zillow’s 2018 Q2 Home Price Expectations Survey; however, they anticipate monetary policy—not the housing market—as primarily responsible for the swing. The Federal Reserve has been guiding fiscal policy since the Great Recession, […]

The post Experts Are Eyeing a Recession in 2020—but It’s Not Why You Think appeared first on RISMedia.

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, […]

The post Fed Hikes Rates—How Many More Are to Come? appeared first on RISMedia.

Economic Forecast Hinges on Policy, Tax Reform

The economy could get a lift from tax reform, with homebuyers and homeowners likely having more income, but less in the way of write-offs, according to Fannie Mae’s Economic & Strategic Research (ESR) Group’s recently released Economic and Housing Outlook for January 2018. Analysts believe housing will again be marked by short supply this year. […]

The post Economic Forecast Hinges on Policy, Tax Reform appeared first on RISMedia.

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 […]

The post Fed Raises Rate for Third Time This Year appeared first on RISMedia.

Rate Rises Again in Second of 3 Expected Hikes

The Federal Reserve voted on Wednesday to raise the key interest rate one-quarter percentage point, ticking off the second of three hikes slated for this year. Analysts largely predicted the outcome, even as lagging inflation gave cause for concern. “In view of realized and expected labor market conditions and inflation, the [Federal Open Market] Committee […]

The post Rate Rises Again in Second of 3 Expected Hikes appeared first on RISMedia.