Federal Reserve Chair Jerome Powell will attend oral arguments at the Supreme Court Wednesday in a high-stakes case examining whether President Donald Trump can fire Fed Governor Lisa Cook, marking an unusual public show of support from the Fed chair, who has been the target of personal attacks and pressure from Trump and others in…
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…
As annual inflation remains above 2% and the labor market shows weakness, the Federal Reserve has been split in recent months over the direction of monetary policy. The past year has seen split votes among the Federal Open Market Committee (FOMC) voting committee on interest rates-setting; the July FOMC, for instance, saw Fed Governors Michelle…
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…
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…
Federal Reserve Governor Christopher Waller argued at a Yale University CEO Summit today that the central bank should press forward with rate cuts even as job growth stalls near zero. He also offered a sobering observation about the housing market: lower rates may not matter much if potential homebuyers are too worried about losing their…
Above, Fed Chair Jerome Powell The Federal Reserve has announced its third interest rate cut of the year—its third in a row—closing out its final Federal Open Market Committee (FOMC) meeting of 2025. The FOMC announced at its December meeting today that it has cut interest rates by a quarter-percentage point. This follows a 25-basis-point…
Above, Brad Case After past positions at the Federal Reserve, Nareit and Fannie Mae, Brad Case brings a breadth of experience to his newly appointed role as chief residential economist at portal giant Homes.com. With more than 35 years of industry expertise, in his new role he will serve as the company’s leading voice on…
Throughout 2025, consumer sentiment toward the economy has declined noticeably—does the end of the year bring any turnaround? According to a preliminary report on consumer sentiment from the University of Michigan (scheduled ahead of the final December report two weeks out), consumer sentiment improved slightly month-over-month. The closely watched index of consumer sentiment came in…
| Newer Posts | Older Posts |