The first year of the Trump administration saw much back and forth as the President put in place various tariffs on U.S. imports, including goods imported from historical trading partners such as Canada and Mexico. Most of these tariffs have now been struck down—the Supreme Court, in a 6-3 decision, ruled that Trump does not…
At the January Federal Open Market Committee (FOMC) meeting, the Federal Reserve chose to keep interest rates unchanged. Both Fed Governor Michelle Bowman (who is a voting member of the committee) and retiring Atlanta Fed President Raphael Bostic (who is not) have characterized the current U.S. economy as “resilient,” where annual inflation has stayed static,…
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…
Editor’s note: this is part one of a two-part series—look for part two in our upcoming newsletters. 2025 was another whirlwind year for real estate, with industry professionals facing ups, downs and everything in between. The industry saw a lot of major developments, and it can be hard to keep track of everything—from historical tariffs…
Federal Reserve Governor Lisa Cook pointed to tariffs as the cause of a recent rise in inflation data during a Nov. 3 speech on economic outlook and monetary policy. During her speech, Cook noted the rise in inflation as of the September PCE report, which saw annual inflation hit “significantly” above the Fed’s 2% inflation…
Consumer reports of economic confidence are mixed in October as the government shutdown and other economic challenges persist. The latest Consumer Confidence Index from The Conference Board found that confidence fell by one point to 94.6 in October, down from an upwardly revised 95.6 in September. Stephanie Guichard, senior economist of Global Indicators at The…