latest news in Federal Reserve
Housing Inflation Standoff: Fed's Powell Signals No Quick Relief Until 2026
Washington, D.C., Monday, 18 November 2024.
Federal Reserve Chair Jerome Powell’s latest forecast reveals a sobering reality for homeowners and buyers: housing inflation won’t normalize until mid-2026. The delay stems from reduced housing mobility, with fewer Americans signing new leases, making it harder for price adjustments to reflect in official inflation data. This timeline challenges earlier market expectations and suggests sustained pressure on housing affordability for the next 18 months.
Fed Chief Powell Signals Cautious Approach to Rate Cuts
Washington D.C., Thursday, 14 November 2024.
Federal Reserve Chair Jerome Powell indicates a slow, deliberate approach to interest rate reductions in 2025. Despite inflation nearing the 2% target, persistent pressures and economic strength allow for careful monitoring. Economists anticipate fewer cuts than initially expected, highlighting the delicate balance in managing inflation and economic growth.
Fed Chair Sounds Alarm on Unsustainable U.S. Economic Path
Washington, D.C., Tuesday, 12 November 2024.
Federal Reserve Chair Jerome Powell warns of an unsustainable economic trajectory due to rising national debt. Despite recent market highs, Powell cautions that the current fiscal path poses a long-term threat to the economy, potentially impacting the ongoing bull market.