Rising interest rates, uncertain economy haven’t slowed homebuilding in region yet
Despite rising interest rates and a potentially slowing U.S. economy, homebuilders and residential developers seem eager to build in the tri-county region. The costs of materials and labor to build new homes have increased, and rising interest rates means potential homebuyers have to pay more mortgage interest, leaving less money for the principal. Developers are Read More →
Fienup: Federal Reserve actions diminish economic future
By Matthew Fienup For years, we have been critical of Federal Reserve policy and the significant impacts that it is having on the U.S. economy. As we wrote in 2017, “U.S. monetary policy is among the greatest of internal risks to U.S. economic growth.” And in 2018, “Extraordinary policy experimentation undertaken by the Federal Reserve Read More →
Kashkari: Fed needs new approach to monetary policy
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Dubroff: Economic factors make for uncertain forecasting in 2018
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Fed rate increase should help take risk out of financial markets
The Federal Reserve’s decision to slowly begin the process of normalizing interest rates may not have all that much to do with the economy or inflation. The economy isn’t really overheated and any threat of inflation remains far off in the future. Parsing the Fedspeak of the Dec. 16 announcement that regulators are “reasonably confident” Read More →
Measure of business inventory could dictate future of interest rates
NEW YORK — An often-overlooked measure of business inventories may hold a powerful clue to the future direction of interest rates, an influential Federal Reserve official said Oct. 9. Dennis Lockhard, president of the Federal Reserve Bank of Atlanta, told a group of business journalists that his staff’s analysis of third quarter GDP has reported Read More →
