Jobs report gives the Fed more leeway for a September rate cut

With Trump administration’s Aug. 1 deadline looming, new readings on consumer confidence show would-be homebuyers may be getting less fearful that tariffs will tank the economy. Continue reading

It’s a higher-for-longer world, and we’re just living in it: Economist

Windermere Economist Jeff Tucker looks at recent economic indicators to determine if or when interest rates might finally come down. Continue reading

It’s a higher-for-longer world, and we’re just living in it: Economist

Windermere Economist Jeff Tucker looks at recent economic indicators to determine if or when interest rates might finally come down. Continue reading

It’s a higher-for-longer world, and we’re just living in it: Economist

Windermere Economist Jeff Tucker looks at recent economic indicators to determine if or when interest rates might finally come down. Continue reading

Waning buyer activity pushes home price growth to 2-year low

Sixty percent of the nation’s largest markets saw home prices slip from May to June, with the largest drop happening in Washington, D.C., due to federal layoffs. Continue reading

Outside lawyers, WSJ editorial board urge Trump not to fire Powell

Trump administration would probably lose court battle, lawyers reportedly advise White House, and markets would react badly, “The Wall Street Journal” warns. Continue reading

Trump official: Fed chair to answer for ‘ostentatious’ renovations

OMB Director Russell Vought put accusations that Fed Chair Jerome Powell lied to Congress about a $2.5 billion renovation of the Fed’s headquarters in writing Thursday. Continue reading

Downward trend in mortgage rates not enough to spur homebuyers

Requests to refinance are up 40 percent from a year ago, but uncertainty “continues to hold homebuyers out of the market,” Mortage Bankers Association economist Joel Kan said Wednesday. Continue reading

Amid a fairly flat market, May held some nice surprises: Economist

Windermere Economist Jeff Tucker looks at recent economic indicators, including some surprising upside despite a disappointing spring market. Continue reading

Fed expected to resist pressure from Trump for July rate cut

As Fed policymakers await more data confirming that inflation has been tamed, futures markets put the odds of a September rate cut at 90 percent, up from 64 percent a week ago. Continue reading