Trump administration keeps up pressure on Fed, but investors don't expect the US central bank to cut short-term rates until September as policymakers weigh tariff impacts
A surge in the Conference Board's Consumer Confidence Index for May made the preliminary numbers from a similar U of M survey look 'far too negative,' one economist told clients Tuesday
Job market is 'solid,' and central bank policymakers need time to assess Trump administration's 'substantial policy changes' in areas including tariffs, immigration, taxation and regulations
Advance GDP reading suggests the economy shrank by 0.3% during Q1, as a rush by businesses to import goods before tariffs took hold and government spending cuts dented growth
Rising construction costs and shifts in foreign investments will result in falling sales as the weight of the tariffs are felt across US housing markets, economists and real estate leaders told Inman
Mortgage rates are climbing back toward 7% on fears that tariffs could reignite inflation, but Fed Chair Jerome Powell warns policymakers would be challenged if unemployment also rises
Inflation as measured by the Consumer Price Index dropped to an annual rate of 2.4% last month, but the impact of tariffs probably won't start showing up in the data until May
Heightened fears of a trade war and recession have investors convinced the Fed will start cutting rates again in June, a sentiment that gives mortgage rates more room to come down
Central bank dials back Treasury rolloffs but is not ready to cut short-term interest rates, as Fed policymakers indicate they're more worried about inflation than they were in December
Mortgage rates eased Friday as investors took stock of new data showing employers added 151,000 workers to their payrolls in February and the unemployment rate ticked up to 4.1%
Despite a slow start to the year, Zillow's latest report said May might be a potential goldmine for homesellers. Listings that go live during the last two weeks of May receive a premium of $5,600
After surprise inflation report, Trump administration says the Fed's interest rate decisions will be exempt from its attempt to exert more control over independent federal agencies
Trump calls for lower interest rates after release of January CPI report. Powell says Fed is in no hurry to cut rates, and bond market investors who fund mortgages are taking him at his word
Trump wants the central bank to lower rates. Fed Chair Jerome Powell says he's not spoken to the President, and that 'we don't need to be in a hurry to adjust the policy stance'
Elevated rates chill the prospects of a 2025 sales rebound from the lowest level in 30 years, as many would-be homebuyers and sellers would stay on the sidelines: Fannie Mae