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Economic Update - Fed Officials Talk Up Rate Hikes, EU Bankers Criticise Trump

Bloomberg: Many Fed Officials See Rate Hike ‘Fairly Soon,’ Minutes Show

  • Federal Reserve officials expressed confidence they can raise interest rates gradually, while a hike “fairly soon” might be appropriate to avoid the risk of an overheated economy, minutes of Federal Open Market Committee’s latest meeting showed.
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How does bank calculate your eligibility?

Did you know how the eligibility for loan calculated by the banks? Then here is where you will be getting some idea. The most important thing to know is that the banks will only give you the amount if they are able to fore-see that you can repay in time. 453 more words

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The Yuge-est Threat to the Trump Economy: Spiking Interest Rates

The Trump economic plan has spawned a bull market in optimism, sending CEO spirits and stock prices soaring. But a spike in another metric–interest rates–threatens to scuttle the President’s pledge to restore American growth to heights unseen since well before the Great Recession. 1,074 more words


The Federal Reserve Could Raise Interest Rates 'Fairly Soon'

Many Federal Reserve policymakers said it may be appropriate to raise interest rates again “fairly soon” should jobs and inflation data come in line with expectations, according to the minutes of the Fed’s last policy meeting released on Wednesday. 396 more words


Spring Buying Season is Upon Us

Winter has been fairly kind to us. Many buyers have awakened from their winter hibernation to get a jump-start on the spring buying season. Now is a great time to start looking and figuring out what you want. 315 more words

Home Sales Reach 10-year High

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Existing-home sales ran at a seasonally adjusted annual pace of 5.69 million, the National Association of Realtors said Wednesday. That was 3.3 percent above an upwardly-revised 5.51 million in December and 3.8 percent higher than a year ago. 667 more words

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