The head of the Federal Reserve Bank of Atlanta has credited the central bank’s rate policy for bringing down inflation, but he warned it was much too early to talk about cutting rates. In a speech delivered at New York University, Atlanta Fed President and CEO...
Commercial real estate contributed $2.5 trillion to U.S. gross domestic product (GDP) during 2023, according to the newly released Economic Impacts of Commercial Real Estate research study by the NAIOP Research Foundation. The study determined that the combined...
The Federal Reserve has decided to keep rates at their current rate of 5.25% to 5.5%. The central bank’s policy making Federal Open Market Committee stated that “economic activity has been expanding at a solid pace,” with strong job gains and low unemployment. And...
A Phil Hall Op-Ed; Outside of this news site, I host a weekly radio talk on several Connecticut radio stations called “Nutmeg Chatter,” and my guest on this week’s program was Howard Yaruss, an economist, professor, attorney and businessman who authored a recently...
Federal Reserve Bank of Philadelphia President Patrick Harker stressed the importance for the central bank to lower interest rates – just not in the immediate future. Speaking today in an interview with the Philadelphia radio station WHYY, Harker said, “It’s important...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
