A new CFPB director is named, New York City nuns address the affordable housing shortage, and Alec Baldwin tries once more to sell his Hamptons estate. From the wild and wooly world of real estate, here are our Hits and Misses for the week of June 8-12. Hit and Miss:...
The Bank of England and the European Central Bank have followed the leads of their central bank counterparts in the US and Canada by maintaining their respective current interest rate levels. The Bank of England’s Monetary Policy Committee (MPC) voted 8–1 to maintain...
The editorial board of the Wall Street Journal has called on President Trump to fire Bill Pulte, the director of the Federal Housing Finance Agency. In an editorial titled “Lawfare for Dummies, Monetary Edition,” the Journal identified Pulte as the mastermind behind...
The European Central Bank (ECB) has cut three of its interest rate categories by 25 basis points. In a press statement, the ECB’s Governing Council announcing the reduction of the interest rates on the deposit facility, the main refinancing operations and the marginal...
The European Central Bank (ECB) enacted a new round of 25 basis points interest rate cuts. The ECB’s interest rates on the deposit facility, the main refinancing operations and the marginal lending facility are being reduced to 2.50%, 2.65% and 2.90% respectively,...