Tag Archives: federal funds rate

Bond yields soar again on Fed governor’s hawkish remarks

By | | Uncategorized
Comments Off on Bond yields soar again on Fed governor’s hawkish remarks

Fed Governor Michelle Bowman warns bankers that she thinks the Fed may need to hike rates more than once and keep them high next year to get inflation under control. Continue reading →

Fed slows rate hikes, but remains wary of entrenched inflation

By | | Uncategorized
Comments Off on Fed slows rate hikes, but remains wary of entrenched inflation

Half a percentage point “is still a historically large increase and we still have some ways to go,” Fed Chairman Jerome Powell warns as policymakers wrap up final meeting of the year. Continue reading →

As it keeps hiking short-term rates, Fed stays the course on mortgages

By | | Uncategorized
Comments Off on As it keeps hiking short-term rates, Fed stays the course on mortgages

Fed Chair Jerome Powell says policymakers are not ready to start selling off Treasurys and mortgage debt to accelerate the balance sheet runoff. Continue reading →

Home sales projected to fall 16.2%, Fannie Mae says in new forecast

By | | Uncategorized
Comments Off on Home sales projected to fall 16.2%, Fannie Mae says in new forecast

In projections released Monday, economists expect 5.78 million homes to change hands this year, representing a 16.2 percent decline from a year ago — a steeper drop than the 15.6 percent pullback forecast in July. Continue reading →

Mortgage rates may level off as Fed unveils details of tightening plan

By | | Uncategorized
Comments Off on Mortgage rates may level off as Fed unveils details of tightening plan

Mortgage rates may level off despite the biggest short-term interest rate hike in 20 years thanks to the certainty the Fed is providing about its plans to shrink its nearly $9 trillion balance sheet. Continue reading →

Bond yields rise as Fed says it will double pace of tapering

By | | Uncategorized
Comments Off on Bond yields rise as Fed says it will double pace of tapering

The Federal Reserve will double the pace of its tapering of support for mortgage markets, as falling unemployment and worries about inflation outweigh uncertainty around the potential health and economic impacts of the Omicron variant. Continue reading →