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 Federal Reserve has opted to hold rates at their current level. The central bank’s policy making Federal Open Market Committee stated it will “maintain the target range for the federal funds rate at 3.5% to 3.75%.” The vote for holding rates was near-unanimous,...
The Federal Reserve has lowered the target range for the federal funds rate by a quarter-percentage point to 3.5% to 3.75%. The decision by the central bank’s policy making Federal Open Market Committee had three of the 12 committee members dissenting – Stephen I....
The Bank of England deviated from their American counterparts at the Federal Reserve by announcing they were not cutting rates at this time. In a statement, Gov. Andrew Bailey said, “Today we held interest rates at 4%. Since August last year, we have been able to cut...
For the second time this year, the Federal Reserve has issued a rate cut. The central bank’s policy making Federal Open Market Committee voted to lower the target range for the federal funds rate by a 0.25% to a new range of 3.75% to 4%. All but two of the Committee’s...
Inflation Expectations Hit Three-Year High as Rent Outlook Climbs to 6.8%
