An overwhelming consensus of economists expects Fed liftoff at last in December. Good thing we’ve had several hundred miles of runway. An equally overwhelming consensus in the bond market thinks the Fed may get the bird airborne, but not for long. Nor for good reason.
Additional increases throughout the year could push mortgage rates as high as 5 percent by year's end
Good news for those looking to buy or re-finance
The incremental hike marks the third such hike in 2017 and sets the stage for what will likely be three or four adjustments in 2018
Exhaustion beats panic, and it’s quiet out there for the moment.
The non-farm payroll (NFP) report doesn't give all the answers
The dark side of negative interest rates
More serious than dissent: Throughout Yellen’s first year, the Fed has looked silly by insisting on imminent liftoff
The Fed Chair has a new nickname
Beware Fed Chairs speaking late; they're attempting to minimize market damage
But even if we see a rate hike before year-end, analysts and homebuyers aren’t sweating any potential impact on housing
Flattening of housing sector just one drag on the recovery
This Fed is keeping an eye on events, not following a predetermined timeline