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Ex-Senior Advisor to Federal Reserve Arrested for Passing Trade Secrets to China

Ex-Senior Advisor to Federal Reserve Arrested for Passing Trade Secrets to China

by Phil Hall | Feb 3, 2025 | Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

A former senior advisor for the Federal Reserve Board of Governors was arrested and indicted on charges that he conspired to steal Federal Reserve trade secrets on behalf of the Chinese government. John Harold Rogers was accused of making false statements to the...
Hits and Misses for the Real Estate Week of Jan. 27-31

Hits and Misses for the Real Estate Week of Jan. 27-31

by Phil Hall | Jan 31, 2025 | Current News & Events, Hits and Misses, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

The unclear future for the CFPB, a Vermont housing shortage and a halt to San Diego housing vouchers. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Jan. 27-31. Miss: A Job Nobody Wants? If you are wondering about the...

Trump Blames Powell’s Fed for ‘Problem They Created with Inflation’

by Phil Hall | Jan 30, 2025 | Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

President Trump resumed his public dissatisfaction with Federal Reserve Chairman Jerome Powell after yesterday’s decision by the central bank not to lower the federal funds rate. In a posting on Truth Social, Trump declared, “Because Jay Powell and the Fed failed to...
Federal Reserve Opts to Hold Rates Steady

Federal Reserve Opts to Hold Rates Steady

by Phil Hall | Jan 29, 2025 | Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

The Federal Reserve announced it will not cut rates today, maintaining the target range for the federal funds rate at 4.25% to 4.5%. “In considering the extent and timing of additional adjustments to the target range for the federal funds rate, the Committee will...
Trump: ‘Interest Rates Are Far Too High’

Trump: ‘Interest Rates Are Far Too High’

by Phil Hall | Jan 7, 2025 | Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

President-elect Donald Trump declared that interest rates remain too high and inflation is still too elevated for comfort, comments that could be seen as a resumption of his tensions with the Federal Reserve. At a press conference this morning at his Mar-a-Lago club...
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