Government
Jerome Powell claims Trump DOJ probe is retaliation for interest rates(Daily Caller News Foundation) – Federal Reserve Chairman Jerome Powell on Sunday accused President Donald Trump of trying to “manipulate” the Federal Reserve through a criminal perjury investigation. Republican Florida… Read More
Government
Laura Ingraham asks Trump if 50-year mortgage terms for homebuyers are ‘really a good idea’(Daily Caller News Foundation) – Fox News host Laura Ingraham asked President Donald Trump on Monday whether 50-year mortgage terms would actually benefit American homebuyers. Federal Housing Finance Agency Director… Read More
Government
Jerome Powell suggests Fed is on track to cut interest rates once again(Daily Caller News Foundation) – Federal Reserve Chair Jerome Powell suggested Tuesday that the central bank may be on track to lower its interest rate target range again in 2025. Read More
Government
Fed lowers interest rates after months of pressure(Daily Caller News Foundation) – The Federal Reserve announced its first interest rate cut of the year on Wednesday, lowering the benchmark rate by a quarter-point. After a two-day meeting,… Read More
Government
Senate confirms Miran, Trump’s pick for Fed board(The Daily Signal) – The Senate confirmed Stephen Miran, President Donald Trump’s choice to fill a vacancy as governor on the Federal Reserve Board, by an 48-47 vote Monday night, in… Read More
Culture
Mortgage rates hit 10-month low, boosting hope for beleaguered homebuyersMortgage rates hit a 10-month low Thursday, bolstering hope for a turnaround in what has been a sluggish real estate market. The rate could fall further if the Federal Reserve… Read More
Courts
Fed grants request to disclose closed meeting vote after legal battle(The Daily Signal) – The Federal Reserve complied with a pro-Trump investment firm’s request it reveal which board members voted to keep the most recent meeting closed to the public. Read More
Government
Trump holds Fed chief Powell to account over HQ cost overruns(The Daily Caller) – President Donald Trump put Federal Reserve Chairman Jerome Powell on the spot about the cost of renovations to the Fed’s Washington headquarters… Read More
Opinion
30 years of inflation crammed into less than 18 months(The Daily Signal) – Make no mistake, the recent scourge of inflation and high interest rates has been a heist buried beneath economic jargon. It has transferred a tremendous amount of wealth… Read More
Economy
Existing home sales on track for worst year since at least 2008(The Center Square) – Existing home sales are on track for a dismal year, likely dropping 18% and on course for the worst year since at least 2008's Great Recession… Read More
Economy, Inflation
Federal Reserve hikes rates to highest level in 22 years(The Center Square) — The U.S. Federal Reserve Board announced another increase to the federal funds rate Wednesday, raising the target range to 5.25 to 5.5%, the highest rate in… Read More
Inflation
Positive GDP in Q4 sparks to optimism for 2023(The Center Square) – Growth in the nation’s gross domestic product during the last half of 2022 shows the raising of interest rates to control inflation didn’t harm the economy,… Read More
Economy
Federal Reserve hikes rates again(The Center Square) – The U.S. Federal Reserve announced a new rate increase of half a percentage point Wednesday in its ongoing effort to curb inflation. The Fed raised the… Read More
Economy
Fed announces another rate hike to combat inflation, signals more on the way(The Center Square) – The U.S. Federal Reserve announced yet another interest rate hike Wednesday, the latest in a series of interest rate increases to address elevated inflation that experts… Read More