Tag Archives: inflation rate

Housing Prices Rising Too Fast

The Mortgage Corner Graph: Marketwatch Housing prices are rising too fast to be sustainable over the long term says CoreLogic, a leading global property information, analytics provider. So buyers should be aware such unsustainable price rises could lead us into … Continue reading

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Q4 GDP Growth Up 2.9% Q/Q

Financial FAQs Graph: Econoday Fourth quarter Gross Domestic Product, the total value of the country’s production of purchases of domestically-produced goods and services by individuals, businesses, foreigners and government entities, rose to 2.9 percent from 2.6 percent in its third … Continue reading

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Where is the Inflation, Higher Growth?

Financial FAQs The drumbeat for a higher inflation target is picking up. The Chicago Fed’s Charles Evans recently advocated a less hawkish Fed stanch on maintaining the 2 percent inflation target with few signs of inflation even on the horizon. … Continue reading

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Where is Inflation, and Higher Growth?

Financial FAQs The drumbeat for a higher inflation target is picking up. The Chicago Fed’s Charles Evans recently advocated a less hawkish Fed stanch on maintaining the 2 percent inflation target with few signs of inflation even on the horizon. … Continue reading

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Whither Go Interest Rates?

The Mortgage Corner Existing-home resales weakened in January as the NAR’s pending home sales index fell sharply and is pointing to trouble for final sales of existing homes where the year-on-year rate for January had already fallen back below the … Continue reading

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The Dangerous Treasury Yield Curve

Popular Economics Weekly New Federal Reserve Chairman Jerome Powell has maintained that the Fed is on track to raise their short term interest rates at least 3 times this year. Why? It sees higher inflation down the road because of … Continue reading

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Wages Rise in Unemployment Report!

Popular Economics Weekly The best news in January’s unemployment report was average hourly wages jumped 9 cents, to $26.74. It pushed the yearly increase to 2.9 percent from 2.6 percent, marking the highest level since the end of the Great … Continue reading

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Why Raise Interest Rates Now?

Financial FAQs The Federal Reserve is warning about the consequences of the just passed tax reform bill, which includes adding some $1.5 trillion to the federal debt in ten years. New York Fed President William Dudley says it will put … Continue reading

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Treasury Yield Curve Too Flat, As Fed’s Raise Interest Rate

Popular Economics Weekly The Federal Reserve FOMC meeting ended with the predicted 0.25 percent rate hike; but it’s happening at the wrong time.  This is the rate that controls credit card interest and the Prime Lending Rate banks use on … Continue reading

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Another Great Jobs Report

The Mortgage Corner Total nonfarm payroll employment increased by 228,000 in November, and the unemployment rate was unchanged at 4.1 percent, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in professional and business services, manufacturing, … Continue reading

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