"It could go both ways," said Shelly Cronin, a Realtor for Century 21 Affiliated for more than 20 years. According to U.S. Federal Reserve data, the average 30- year mortgage rate has been slowly declining since May 2024 when it was 7.22%. In 2025, according to statistics from the Realtors Association of South Central Wisconsin, Realtors sold 2,072 houses in Rock…
Economic News
Jawboning, bluster, threats and court actions have yet to force the Federal Reserve Bank to do the president's bidding. As of November 2025, the U.S. consumer debt was roughly $18.10 trillion, a new record. He also ordered Fannie Mae and Freddie Mac to buy $200 billion worth of mortgage bonds.
—After two weeks of intense political and legal scrutiny, the Federal Reserve will seek to make this week's meeting about interest rates as straightforward and uneventful as possible, though President Donald Trump probably still won't like the result. This week's meeting— one of eight the Fed holds each year— will be overshadowed by the bombshell revelation…
2026 JAN 26– By a News Reporter-Staff News Editor at Climate Change Daily News– Researchers detail new data in Climate Change. Our news journalists obtained a quote from the research from the University of Amsterdam,“ We develop a theoretical framework that allows us to explore not only factors pushing towards central bank convergence, but also divergence.
The following information was released by the Federal Reserve Bank of Atlanta:. In preparation for FOMC meetings, policymakers have the Fed Board staff projection of this "advance" estimate at their disposal. As stated by economists Jon Faust and Jonathan H. Wright in a 2009 paper, "by mirroring key elements of the data construction machinery of the Bureau of…
—U.S. stocks opened with modest gains Monday, as earnings season kicks into a higher gear and investors eye the next policy meeting of the Federal Reserve. USA Rare Earth, an Oklahoma- based miner of critical minerals, became the latest company to get a boost from an investment by the U.S. government. Investors will also be paying close attention to the latest…
According to the Federal Reserve Bank of Kansas City, only 1.9% of U.S. consumers use cryptocurrency as a form of payment. Just 1.1% of U.S. consumers say they use cryptocurrency to actually purchase goods or services. Each nation's central bank, such as the U.S. Federal Reserve, establishes monetary policy and manages the supply of money in their financial system.
Trump, U.S GDP and the Federal Reserve. U.S GDP numbers came in stronger than anticipated on Thursday and this may have been a reason why Forex suddenly started to shake. Considerations and debate about what the U.S Federal Reserve will do this coming week and over the mid-term are certainly legitimate concerns.
According to the Federal Reserve Bank of Kansas City, only 1.9% of U.S. consumers use cryptocurrency as a form of payment. Just 1.1% of U.S. consumers say they use cryptocurrency to actually purchase goods or services. Each nation's central bank, such as the U.S. Federal Reserve, establishes monetary policy and manages the supply of money in their financial system.
The average 30- year fixed mortgage rate rose six basis points to 5.97% in the week ending Jan. 22, according to rates provided to NerdWallet by Zillow. At next week's Federal Reserve meeting on Jan. 28-29, central bankers are largely expected to hold the overnight borrowing rate steady. This morning, the Bureau of Labor Statistics released the personal…
Having already watched as Trump's Justice Department launched baseless, vengeful criminal cases against former FBI Director James Comey and New York Attorney General Letitia James, it's tempting for Trump's supporters and opponents alike to shrug at the newly revealed criminal investigation against Federal Reserve Chair Jerome Powell as just more of…
The average 30- year fixed mortgage rate rose six basis points to 5.97% in the week ending Jan. 22, according to rates provided to NerdWallet by Zillow. Federal Reserve is expected to leave rates unchanged. At next week's Federal Reserve meeting on Jan. 28-29, central bankers are largely expected to hold the overnight borrowing rate steady.
An independent U.S. monetary authority is imperative for economic growth, prosperity, stability and— indeed— sustainability! About 50 years ago, my dissertation developed an early model of the monetary system and measured the effects of Federal Reserve policy. After the Panic of 1907, Congress created the Federal Reserve in 1913, formally added the Federal…
WASHINGTON— U.S. Supreme Court justices across the political spectrum appeared skeptical of President Donald Trump's swift, informal dismissal of Federal Reserve Board Governor Lisa Cook, and his effort to influence the independent central bank that governs monetary policy in the United States. The oral arguments Wednesday drew a high-profile…
The conflict between President Donald Trump and Federal Reserve Chairman Jerome Powell is raising urgent questions about the independence of the regulatory system. One is whether the president can remove the chairman of the Federal Reserve. More recently, Trump has also targeted Powell over his handling of the $2.5 billion renovation of two Federal…
—The Supreme Court for the past year has repeatedly allowed President Donald Trump to fire heads of independent agencies, but it appears to be drawing a line with the Federal Reserve. Last year, the court allowed President Donald Trump to fire— at least temporarily— Gwynne Wilcox, a member of the National Labor Relations Board, and Cathy Harris, a member of the Merit…
Having already watched as Trump's Justice Department launched baseless, vengeful criminal cases against former FBI Director James Comey and New York Attorney General Letitia James, it's tempting for Trump's supporters and opponents alike to shrug at the newly revealed criminal investigation against Federal Reserve Chair Jerome Powell as just more of…
"Washington state is experiencing a housing affordability crisis. Federal Reserve Chair Jerome Powell has noted that the U.S. has underproduced apartments since 2007 while allowing for the construction of large houses. The Federal Reserve is in the process of decreasing interest rates to make home buying easier.
Having already watched as Trump's Justice Department launched baseless, vengeful criminal cases against former FBI Director James Comey and New York Attorney General Letitia James, it's tempting for Trump's supporters and opponents alike to shrug at the newly revealed criminal investigation against Federal Reserve Chair Jerome Powell as just more of…
