Today’s Best Reads
Stories I recommend today
A critical financial crisis 10 year anniversary flew under radar today, and I can’t let that happen because its lessons are too important for any of us to forget.
Current state of American and global monetary policy suggests mortgage rates won’t spike much.
Originations Linkfest: stories I recommend today.
Trump’s policy reversals are helping rates come back down to 2017 lows.
There was a big Fed meeting yesterday, and here’s what it means for mortgage rates.
I wrote this in August 2015. The Federal Reserve has this following mandate: keep unemployment low (under 6%), keep inflation low (under 2%), and keep interest rates moderate. There are only two reasons why the Fed should consider raising rates: 1) low rates and increased money supply will cause inflation without a hike or 2)
Apart from laws and regulations there are two important parts which the Federal government plays in the economy. One is fiscal policy – taxes and spending. This is in the hands of Congress and the President. The other is monetary policy. This is controlled by the Federal Reserve and consists, apart from times of
Wednesday showed that words from the FOMC regarding QE will dominate markets. I think that the worst part of this decrease in the rate of expansion of money supply (tapering) is that it could drag on for a year and create a continuous series of doubts as to when QE would end and extend the