The Federal Open Market Committee hiked the federal funds rate by 75 basis points on Wednesday, matching its 75 basis point increase in June.
Tag: Federal Open Market Committee
Fed Brings Out the Big Guns
Following weeks of gloomy economic news and rising inflation, the Federal Open Market Committee pulled out nearly all the stops on Wednesday, hiking the federal funds rate by 75 basis points for the first time in nearly 30 years.
The Week Ahead, June 13, 2022: The Fed Meets; MBA Spring Meetings Conclude; and 5 Other Things to Know
Good morning and happy Monday! We mark the start of another busy week. Here’s a rundown of what’s happening:
The Week Ahead, May 2, 2022: The Fed Ponders Another Rate Hike and 5 Other Things to Know
Good morning and happy Monday! Here’s what’s happening in the real estate finance world this week:
Fed Approves 1st Rate Hike in 4 Years
The Federal Open Market Committee on Wednesday raised the federal funds rate for the first time since 2018, marking a new approach to rising inflation and other economic pressures.
Fed Approves 1st Rate Hike in 4 Years
The Federal Open Market Committee on Wednesday raised the federal funds rate for the first time since 2018, marking a new approach to rising inflation and other economic pressures.
Fed Approves 1st Rate Hike in 4 Years
The Federal Open Market Committee on Wednesday raised the federal funds rate for the first time since 2018, marking a new approach to rising inflation and other economic pressures.
The Week Ahead, Mar. 14, 2022: The Worst-Kept Secret in Washington and 5 Other Things to Know
Good morning and happy Monday! Here’s what’s happening in the real estate finance world this week:
Inflation Jumps to Fastest Rate Since 1982
The Consumer Price Index jumped by 0.8 percent in February from January and roared ahead by 7.9 percent to its fastest annual pace in 40 years, the Bureau of Labor Statistics reported Thursday.
Fed Sets Stage for March Rate Hike
The Federal Open Market Committee on Wednesday did not pull trigger on an increase to the federal funds rate—but it left little doubt about action at its next policy meeting in March.