Above, Fed Chair Jerome Powell The Federal Reserve has announced its interest rates will remain unchanged during its Jan. 28 meeting. This follows three straight rate cuts from the prior three Federal Open Market Committee (FOMC) meetings of 2025. The FOMC announced at its first meeting of 2026 that it has kept interest rates at…
The optimism of a new year does not seem to have brought a boost to U.S. consumer confidence—quite the opposite, in fact. According to the latest survey from the Conference Board, consumer confidence has fallen to its lowest level since 2014, lower even than the depths of the COVID-19 pandemic. “Confidence collapsed in January, as…
Consumer sentiment showed minor improvements as the first month of 2026 nears its close, with expectations toward the future looking mostly positive, according to the latest data. The University of Michigan’s latest Survey of Consumers found that the Index of Consumer Sentiment grew to 56.4 in January, up 3.5 points or 6.6% from December. The…
The Federal Reserve is reportedly split when it comes to further interest rate cuts in 2026, operating with a “wait-and-see” attitude depending on how inflation moves during the year. The latest results from the Fed’s preferred gauge of inflation—the Bureau of Economic Analysis’s Personal Consumption Expenditure (PCE) report—showed inflation dipping then inching back up. Delayed…
Despite a hopeful moment of decline in November, inflation looks to be stagnant in December, remaining paused from hitting the Federal Reserve’s 2% goal, according to the latest Bureau of Labor Statistics data. The Consumer Price Index (CPI) for December saw a slight increase of 0.3% for the all items index, landing at 2.7% annual…
Federal Reserve Chair Jerome Powell—a target of personal attacks and intense pressure from President Donald Trump and others in his administration—is now facing a criminal inquiry over renovations to the central bank’s headquarters. In a highly unusual video message posted to the Fed’s website Sunday evening, Powell said that the Fed was served Friday with…
The industry-shaking deal by Compass to acquire Anywhere officially closed today, creating a $10 billion brokerage behemoth that is likely to shift the power balance in real estate both short- and long-term, and shifts ongoing debates around listing transparency significantly more weighty. In a regulatory filing today, Compass said that the merger—first announced back in…
As the year ends, how are consumers—such as potential homebuyers—feeling about the market going into 2026? Per the latest findings from the University of Michigan’s monthly Consumer Sentiment report, sentiment was slightly improved in December compared to November, confirming the sentiment trajectory from the University of Michigan’s preliminary report earlier this month. Compared to November…
The Federal Reserve has maintained that a 2% annual inflation rate is its goal. After months of inflation moving back up due to factors such as tariffs, reversing what looked like a slow but steady descent to 2%, the latest Consumer Price Index (CPI) published by the Bureau of Labor Statistics (BLS) saw a reversal…
The post Inflation Lower Than Expected After Months of Inching Up appeared first on RISMedia.
Federal Reserve Governor Stephen Miran said Monday that he expects a rapid decline in housing-related inflation despite higher costs for other items. He also suggested interest rate cuts may be warranted even as overall inflation remains above the Fed’s 2% target. In his speech at Columbia University, Miran noted that current shelter inflation readings reflect…
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