During the pandemic, the Federal Reserve has been keeping a lid on interest rates by increasing its holdings of long-term Treasurys and mortgage-backed securities (MBS) by $120 billion a month. Before announcing a timetable for tapering those purchases… Continue reading
As Fed’s balance sheet approaches $8 trillion, policymakers say path of the economy continues to depend on the course of the pandemic. Continue reading
Tapering could happen sooner rather than later, with most policymakers open to short-term rate hikes in 2023. Continue reading
Ahead of next week’s Inman Connect, KW CEO Carl Liebert hinted at Keller Williams’ progress toward a stock market debut and talked about how the pandemic will change the industry. Continue reading
The Main Street Lending program will provide four-year loans to businesses with fewer than 10,000 employees. Continue reading
Leaders of federal administrations always take credit for roaring econonomies, but the reality is more complex Continue reading
The all-important 10-year T-note at 1.92 percent today is flirting with the highs since the big drop in early August and has risen steadily since the September low. However, with the Fed on hold, we have little risk of the kind of big run upward that w… Continue reading
Normal Decembers are often void of substantial news, and markets stay steady. This December is packed with news, but markets remain unperturbed. That begs the question — what really matters? Continue reading
Just like the ’62 Mets, everywhere columnist Lou Barnes looks in our economy today, global as well as U.S., he sees that the team is terrific, focused and productive, but the top leadership — irrespective of party or philosophy — can’t field, hit or pi… Continue reading
The forecast for interest rates is still low, reinforced by new information from the Federal Reserve. Continue reading