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European Central Bank Readies for Rate Cut Next Week

European Central Bank Readies for Rate Cut Next Week

by Phil Hall | May 28, 2024 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

European Central Bank Chief Economist Philip Lane is signaling his agency is ready to cut interest rates next week, a disruption from its usual trend of following the Federal Reserve’s lead. In an interview with the Financial Times, Lane previewed the ECB’s upcoming...
Guest Opinion: Housing’s Fundamental Role in Economic Inclusion

Guest Opinion: Housing’s Fundamental Role in Economic Inclusion

by Raphael Bostic | May 9, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Raphael Bostic is president and CEO of the Federal Reserve Bank of Atlanta. This article is adapted and edited from a recent speech delivered before The Murphy Institute at Tulane University in New Orleans. Housing is so foundational to family well-being and security...
Guest Opinion: How You Might Look at Recent Data

Guest Opinion: How You Might Look at Recent Data

by Tom Barkin | Apr 23, 2024 | Current News & Events, Guest Opinion, Industry Updates, Real Estate News, WRE News Exclusive

Tom Barkin is president of the Federal Reserve Bank of Richmond. This article is adapted and edited from a recent speech delivered before Virginia’s Home Building Association of Richmond. Contrary to most forecasts, including my own, the economy finished 2023 strong....
Guest Opinion: The New York Fed Chief’s View of the Economy

Guest Opinion: The New York Fed Chief’s View of the Economy

by John C. Williams | Apr 11, 2024 | Current News & Events, Industry Updates, Real Estate News, U.S. Housing Market, WRE News Exclusive

John C. Williams is the president and CEO of the Federal Reserve Bank of New York. This article is adapted and edited from a presentation given at the Federal Home Loan Bank of New York 2024 Member Symposium in New York City. How many of you witnessed the solar...

Fed’s Powell: ‘Our Policy Rate is Likely at Its Peak’

by Phil Hall | Mar 6, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

Federal Reserve Chairman Jerome Powell confirmed that the central bank will cut rates, but stopped short of offering a possible timeline on when rates will come down. In prepared remarks delivered today before the U.S. House Financial Services Committee, Powell noted...
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