Inflation improved in April, but Fed not expected to budge on rates

Trump administration keeps up pressure on Fed, but investors don’t expect the U.S. central bank to cut short-term rates until September. Continue reading

Tariff fears are behind those big swings in consumer confidence

A surge in the Conference Board’s Consumer Confidence Index for May made the preliminary numbers from a similar U of M survey look “far too negative,” one economist told clients Tuesday. Continue reading

Can tariff walkbacks keep the economy humming? Economist

Windermere Economist Jeff Tucker looks at how tariff walkbacks may signal that some of the Trump administration’s potentially damaging policy changes could be reversed. Continue reading

Rising mortgage rates take wind out of spring homebuying sails

Applications for purchase loans fell 5 percent last week as rates climbed to highest level since February over concerns about inflation and growing government debt. Continue reading

Most homebuyers see a recession ahead. Some are even asking for it

Nearly twice as many Realtor.com visitors say they would be more likely to buy if a recession hits compared to the share who say they’d be less likely to buy if the economy fails, new polling shows. Continue reading

It’s all a cycle: Boom, bust, rebound, Roben Farzad says

Roben Farzad took the stage at Inman On Tour Miami with a message that struck a rare balance between realism and resilience: We’re living in uncertain times, but history has shown that people adapt. Continue reading

Consumer sentiment is hurting, but economy hasn’t faltered

The University of Michigan Index of Consumer Sentiment slipped to 50.8 in May, its second lowest reading ever, as Americans fretted about tariffs, inflation and the job market. Continue reading

Homebuyers out in force for a 2nd week as mortgage rates stabilize

With more homes to choose from, purchase loan applications were up 18 percent from a year ago last week as buyers forged ahead despite economic uncertainty. Continue reading

A June rate cut is now seen as off the table as Fed stays put

Central bank policymakers need time to assess Trump administration’s “substantial policy changes” in areas including tariffs, immigration, taxation and regulations Continue reading

Shrinking economy bolsters the case for a June Fed rate cut

Advance GDP reading suggests the economy shrank by 0.3 percent during Q1, as a rush by businesses to import goods before tariffs took hold and government spending cuts dented growth. Continue reading