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Vice President Vance Questions Why Powell is Avoiding Rate Cuts

Vice President Vance Questions Why Powell is Avoiding Rate Cuts

by Phil Hall | Jun 25, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Vice President JD Vance is questioning whether Federal Reserve Chairman Jerome Powell stopped lowering interest rates because returned to the presidency. In a posting on X, Vance wrote: “I’d love to hear an argument for why Powell cut rates 50 points right before an...
Trump Tells Congress to Pressure ‘Very Dumb, Hardheaded’ Powell Over Rate Policy

Trump Tells Congress to Pressure ‘Very Dumb, Hardheaded’ Powell Over Rate Policy

by Phil Hall | Jun 24, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

President Donald Trump called on Congress puts pressure on the “very dumb, hardheaded” Federal Reserve Chair Jerome Powell during the central bank’s appearance today before the House Financial Services Committee and tomorrow before the Senate Banking Committee....
Fed Governor Waller: ‘We’re in the Position’ to Cut Rates

Fed Governor Waller: ‘We’re in the Position’ to Cut Rates

by Phil Hall | Jun 20, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Federal Reserve Governor Christopher Waller has declared the central bank should be able to cut rates again as early as July. In an interview this morning on CNBC, Waller stated that tariffs are not likely to fuel an inflationary spike. He urged the Fed to move slowly...
Federal Reserve Holds Rates Steady, Ignoring Trump’s Exhortations

Federal Reserve Holds Rates Steady, Ignoring Trump’s Exhortations

by Phil Hall | Jun 18, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The Federal Reserve resisted repeated calls by President Trump to cut rates. The Federal Open Market Committee, the central bank’s policy making arm, voted unanimously to maintain the target range for the federal funds rate at 4.25%to 4.5%. In announcing its decision,...
Hits and Misses for the Real Estate Week of June 9-13

Hits and Misses for the Real Estate Week of June 9-13

by Phil Hall | Jun 13, 2025 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The closing of HUD’s Los Angeles field offices by the ongoing riots, Ohio lawmakers kowtowing to the Cleveland Browns, and a real estate agent who keeps selling at 100. From the wild and wooly world of real estate, here are our Hits and Misses for the week of June...
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