ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Simeon Gutman, U.S. retail analyst at Morgan Stanley, joins CNBC’s ‘The Exchange’ to discuss consumer sentiment, how rate cuts... Read more »
The landscape of home buying in 2024 has been significantly influenced by the monetary policy decisions of the Federal Reserve, particularly the adjustments to the federal funds rate. The Fed’s rate cuts... Read more »
One of the major takeaways from Federal Reserve Chair Jerome Powell’s Wednesday news conference was that officials still expect interest rates to come down three times this year, indicating that recent higher-than-expected... Read more »
Gov. Gavin Newsom has tipped the scales to help win approval for a $2 billion housing, hotel and retail project in Downtown Los Angeles. The governor issued an order to shorten the... Read more »
Though all signs point to a cooling labor market overall, the economy picked up another 275,000 jobs in February. The jobs report on Friday is unlikely to convince the Fed that rate... Read more »
There was rampant speculation after the Federal Open Market Committee (FOMC) meeting last week about the timing and number of interest rate cuts this year. In a follow-up interview on 60 Minutes... Read more »
Kim: Fannie Mae removed its explicit call for a recession in 2024 and now expects “below-trend growth.” At this point, how high is the risk for a recession? Duncan: It was more... Read more »
Weekly housing inventory data Here is a look at the first week of the year: Weekly inventory change (Jan. 12-19): Inventory rose from 505,223 to 506,414 Same week last year (Jan. 13-20):... Read more »
Last week, housing inventory grew and the number of price cuts fell, which is expected at this time of the year. I hope the next thing we see is housing inventory grow... Read more »
Inflation came in hotter than expected on Thursday, but we are still talking about rate cuts in 2024! The 10-year yield had a mild reaction to today’s data, increasing a few basis points... Read more »