The Daily Reporter – WI Construction News & Bids Wisconsin's Construction Authority
The Federal Reserve cut its benchmark interest rate Wednesday for a second time this year but suggested it may not cut rates any further this year.
Tagged with: Federal Reserve interest rates
Read More »Homebuilders battered as Fed raises key rate
The Federal Reserve took note of the U.S.'s resilient economy on Wednesday by raising the country's benchmark interest rate for the second time this year and signaling that it may accelerate its pace of rate increases.
Tagged with: Federal Reserve interest rates Residential Construction
Read More »Fed is to leave rates alone now but to hike later in year
The Federal Reserve is all but sure to leave interest rates unchanged this week, although steady economic growth and inflationary pressures are likely to keep the Fed on a path toward further rate hikes later this year.
Tagged with: Federal Reserve interest rates
Read More »Yellen says Fed watching slowdown in inflation
Federal Reserve Chair Janet Yellen told Congress on Wednesday that the Fed is carefully watching a recent slowdown in inflation and that, if it persists, it could lead the central bank to rethink its plans on rate hikes.
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Read More »Fed debating when to unwind $4.5 trillion in bond holdings
The Federal Reserve is figuring out when to start unloading much of its $4.5 trillion in bond holdings — marking a turning point for an economy still recovering from the 2008 financial crisis.
Tagged with: Federal Reserve inflation
Read More »Proposal gives banks more leeway on mortgage bonds
Banks may be allowed to hold a smaller stake in the mortgage investments they sell if those loans are made to homebuyers with stronger finances.
Tagged with: Federal Reserve mortgages
Read More »Fed extends ‘Twist’ program to drive rates lower
The Federal Reserve is extending a program designed to drive down long-term interest rates to spur borrowing and spending.
Tagged with: economy Federal Reserve interest rates jobs
Read More »US economic survey: Construction activity rose across Wis.
A Federal Reserve survey released Wednesday found that the economy grew moderately in most regions of the country this spring and companies continued to hire.
Tagged with: consumer spending Federal Reserve PNC Bank VJS Construction Services
Read More »Home sales up, but earlier market weaker than reported
The number of Americans who bought previously occupied homes rose last month. But the National Association of Realtors said it overstated more than 3 million sales during and after the Great Recession, showing the housing market was weaker than previously thought.
Tagged with: Department of Housing and Urban Development Fannie Mae Federal Reserve Freddie Mac housing market National Association of Realtors
Read More »Economic activity slowing across the state
By ?CHRISTOPHER S. RUGABER AP Economics Writer WASHINGTON (AP) — The economy has slowed in several U.S. regions for the first time this year, according to a Federal Reserve survey released Wednesday. The Fed’s report finds that economic activity grew ...
Tagged with: Beige Book Federal Reserve
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