Federal Reserve chairman

Nation’s Leading Commercial Real Estate Investor And Lecturer Predicts Market Collapse Should Interest Rates Continue To Rise

CLEVELAND/ SEPTEMBER 13, 2018 (STL.News) J. Scott Scheel, founder and CEO of the Internationally acclaimed Commercial Academy (CommercialAcademy.com) – the training center and educational institution that has prepared over 100,000 students for entrance into the world of commercial real estate investing – issued a grave warning today of impending market collapse should interest rates continue … Continue reading Nation’s Leading Commercial Real Estate Investor And Lecturer Predicts Market Collapse Should Interest Rates Continue To Rise

BUENOS AIRES, Argentina | Treasury Secretary: Trump not threatening Fed’s independence

BUENOS AIRES, Argentina — U.S. Treasury Secretary Steven Mnuchin said Saturday that Donald Trump was not trying to put pressure on the Federal Reserve when he criticized its decision to raise interest rates. Speaking to reporters on the sidelines of a Group of 20 meeting in Buenos Aires, Argentina, Mnuchin said he can’t comment on … Continue reading BUENOS AIRES, Argentina | Treasury Secretary: Trump not threatening Fed’s independence

The Latest: Powell gets praise for plain speaking

WASHINGTON— The Latest on Federal Reserve Chairman Jerome Powell’s congressional appearance to deliver the Fed’s semi-annual monetary policy report. (all times local) ___ 11:50 a.m. Powell is getting praise from lawmakers for his efforts to avoid economic jargon in explaining what the Federal Reserve is trying to do to manage the economy and also for … Continue reading The Latest: Powell gets praise for plain speaking

WASHINGTON | Fed Chair Powell stresses importance of an independent Fed

WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell says the Fed’s independence from political pressure is key in enabling the central bank to fight inflation, stabilize the economy, and regulate the financial system. His remarks Friday come after Kevin Warsh, a former Fed official who President Donald Trump interviewed for the chairman post, said in … Continue reading WASHINGTON | Fed Chair Powell stresses importance of an independent Fed

WASHINGTON | Fed Chair Powell highlights importance of independent Fed

WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell says the Fed’s independence from political pressure plays a key role in enabling the central bank to fight inflation, stabilize the economy, and regulate the financial system. His remarks Friday come after Kevin Warsh, a former Fed official who President Donald Trump interviewed for the chairman post, … Continue reading WASHINGTON | Fed Chair Powell highlights importance of independent Fed

US mortgage rates up for 8th week; 30-year at 4.43 percent

WASHINGTON /March 01, 2018 (AP)(STL.News) — Long-term U.S. mortgage rates crept higher this week, marking the eighth straight week that it cost more to borrow to buy a home. Mortgage buyer Freddie Mac said Thursday that the average rate on 30-year fixed-rate mortgages rose to 4.43 percent this week from 4.40 percent last week. The … Continue reading US mortgage rates up for 8th week; 30-year at 4.43 percent