Fed maintains commitment to not raising interest rates
The Federal Reserve restated its intent to keeping a lid on interest rates, saying the pandemic “continues to weigh on the economy, and risks to the economic outlook remain.” Continue reading
The Federal Reserve restated its intent to keeping a lid on interest rates, saying the pandemic “continues to weigh on the economy, and risks to the economic outlook remain.” Continue reading
During the most recent Federal Open Markets Committee meeting, the Federal Reserve reiterated its plan to maintain current economic policy until fiscal and economic goals are met. Continue reading
The Main Street Lending program will provide four-year loans to businesses with fewer than 10,000 employees. Continue reading
The biggest news for the bond markets was the release of the U.S. December manufacturing report as indicated by the ISM Manufacturing Index: It plunged to a five month low — the lowest level in a decade. Continue reading
Leaders of federal administrations always take credit for roaring econonomies, but the reality is more complex Continue reading
Yield curves predicting recessions did so historically and will again at the end of Fed overshoots. The Fed has done no such thing this time. Continue reading
In the time since Donald Trump’s tariff announcement Thursday low-fee mortgages have fallen below 4 percent. Continue reading
The U.S. Federal Reserve announced Wednesday it would cut interest rates for the first time since a recession hit the U.S. economy in 2008. Continue reading
FinCEN now requires title insurance companies to identify the persons behind shell companies used in all-cash purchases of residential real estate. The purchase amount threshold, which previously varied by city, is now set at $300,000 for each covered … Continue reading