The Long-Awaited Cut Is Here The Federal Reserve has remained patient (holding interest rates unchanged) and kept its eyes on the prize (getting inflation down) for over a year. Through every twist and turn, every employment and inflation report, the numerous market selloffs and rebounds, Fed officials have remained steadfast. All of that has led…Read more
Inflection Point? A nation’s housing market is often seen as a barometer for the state of its economy. Here’s what we can learn about the current state of the U.S. housing market. Hot trends point at a hot economy, while weak trends indicate a weak economy. This is because the housing market also involves several…Read more
The Fed’s Favorite Inflation Measure Last week, the Federal Reserve announced its final interest rate decision of 2023. The central bank held the federal funds rates steady for the third meeting in a row, and signaled rate cuts may come in 2024, driving the Dow Jones Industrial Average to all-time highs. But of course, these…Read more
