Federal Reserve

Kickstarting America’s Stalled Productivity Growth

In each of the past three years, U.S. productivity has risen less than 1%. Productivity is a measure of the amount of output the economy generated for an hour of ...
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Chicago Fed Shows Continued National Economic Trends in February

If you were expecting a federal funds rate hike from the Federal Reserve, you have likely noticed that economic data from the past 60 days has been stronger and stronger. ...
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How Rising Interest Rates Can Impact Your Mortgage and Housing Affordability

Now that the Federal Reserve's Federal Open Market Committee (FOMC) has voted to raise interest rates for the first time in 2017, it is important to consider what this might ...
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Is This the Golden Age for Financial Stocks?

The U.S. economy is building momentum, and a large part of this has been the financial sector. “The Big Short” guy, Steven Eisman, even said back in December that we ...
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Why the Yellen and Fed Rate Hikes Are Favorable — With More Hikes to Come!

If you were under the belief that the underlying economy was not yet strong enough to support an interest rate hike, note that the Federal Reserve has raised interest rates. ...
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A Week of Continued Strong Jobs Data Pushes Chances of Fed Rate Hike in March

Maybe all that post-election economic hope and all the day in and day out record highs on the Dow Jones Industrial Average and in the S&P 500 Index had some ...
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How Janet Yellen Forecasts the Coming Interest Rate Hikes Quite Soon

24/7 Wall St. recently showed how Credit Suisse had capitulated that the Federal Reserve and Chair Janet Yellen were on track to hike rates as soon as the March Federal ...
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Federal Reserve

Why Credit Suisse Now Calls for March Fed Rate Hike

Things are looking up for the markets. Even with a political divide, the ambitions of higher growth, lower taxes and less regulation keep sending the stock market to new higher ...
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oil refinery

The Texas Economy Keeps Recovering and Looks Better for 2017

It may not seem like a secret that things are looking better for Texas in 2017 than 2016. After a painful two years of oil trends, the data around energy, ...
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Student Debt

American Household Debt Almost Back at Pre-Recession Levels

The Federal Reserve Bank of New York's Center for Microeconomic Data has released its reading for the level of household debt for the fourth quarter of 2016. As the headline ...
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Janet Yellen

Janet Yellen Points to Rate Hikes Thru 2019: Full Employment, Inflation at Target

Federal Reserve Chair Janet Yellen spoke on Wednesday, January 18, 2017 at the Commonwealth Club in San Francisco, California. Her speech was titled 'The Goals of Monetary Policy and How ...
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What to Expect From 3 Major Bank Earnings

Three of the major banks are reporting their fourth-quarter financial results before the markets open on Friday. In general, financial stocks have made solid gains through the end of 2016, ...
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Janet Yellen

Fed Minutes for December 2016 Talk All Around Post-Election Policies, Without Naming Trump

The Federal Reserve has released its minutes of the December 13 - 14 (2016) FOMC meeting. It turns out that Janet Yellen and her team of Federal Reserve presidents may ...
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Sharp Growth Seen From Philly Fed Region

It is no secret that the economic numbers have improved over the past 45 to 60 days. Some market watchers point out that the gains are from the election, and ...
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Consumer Prices Justify Rate Hike

On Thursday, the U.S. Department of Labor released its Consumer Price Index for the month of December. While the data may not look extremely hot on inflationary pressures, they support why ...
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