• October 6, 2022
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• realestatelife

The number of Americans filing first-time unemployment benefits rose more than expected last week, a sign the labor market is starting to cool a tight as the Federal Reserve raises interest rates at the fastest pace in decades. Figures released Thursday by the Labor Department show applications for the week ended Oct. 1 climbed to

• September 15, 2022
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• realestatelife

The economic standoff between rising inflation and rising interest rates continues to weaken the housing market nationwide, with home sales falling across all 12 Federal Reserve districts, according to the Fed’s latest Beige Book report. Prospects for future improvement anytime soon are dim as well. “The outlook for future economic growth remained generally weak, with … expectations

• April 9, 2020
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• realestatelife

The Federal Reserve will provide up to $2.3 trillion of loans to further support the economy, the central bank said Thursday. The so-called Main Street Lending Program will provide support to households and businesses of all sizes and help governments deliver critical services to combat disruptions caused by the COVID-19 pandemic.

• March 16, 2020
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In a dramatic step Sunday meant to make borrowing as cheap as possible for American households and businesses as the coronavirus brings the U.S. economy to a near standstill, The Federal Reserve made its second emergency cut in two weeks, slashing 1% off its benchmark rate, and renewed a program to buy $500B in Treasury

• March 12, 2020
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• realestatelife

Federal reserve announces $1 trillion in 3-month repo over two days, and officially starts purchasing coupon Treasuries as part of its POMO operations.

• July 29, 2022
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• realestatelife

The Federal Reserve’s preferred inflation gauge accelerated more than expected in June, according to new data released on Friday, a worrisome sign as central bankers try to combat higher prices with the steepest interest rate hikes in decades. The personal consumption expenditures index showed that core prices, which strips out the more volatile measurements of