At a moderated talk held by the Rotary Club of Atlanta, retiring Federal Reserve of Atlanta President and CEO Raphael Bostic argued that the economy is in a “resilient” place, with a feared recession that “just hasn’t happened.” That resilience from 2025 will carry through to 2026, Bostic forecasted. Noting his conversations with business leaders,…
At the January Federal Open Market Committee (FOMC) meeting, the Federal Reserve chose to keep interest rates unchanged. Recent monetary policy decisions have been facing conflicting incentives; the Fed’s mandate is maximum employment and price stability, but the labor market has been showing signs of weakness as inflation has also been going up or staying…
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…
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…
Home-price growth remained weak in October, with experts pointing to continued inflation and elevated mortgage rates as the cause, according to the latest data. The October S&P Cotality Case-Shiller Home Price Index found that home-price growth posted a 1.4% annual gain, slightly up from a 1.3% rise in the previous month. Nicholas Godec, head of…
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…
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