Daily Archives: January 25, 2022

FOMC preview: Fed not expected to raise interest rates this week

By | January 25, 2022

“It really is time for us to begin to move away from those emergency pandemic settings to a more normal level,” Fed Chairman Jerome Powell told Congress two weeks ago, adding that “2022 will be the year in which we take steps toward normalization.” Moving away from those settings would involve raising the federal funds rate, the benchmark… Read More »

US home price growth moderates for fourth straight month

By | January 25, 2022

“For the past several months, home prices have been rising at a very high, but decelerating, rate. That trend continued in November 2021,” said Craig J. Lazzara, managing director and global head of index investment strategy at S&P DJI, in a statement. “Despite this deceleration, it’s important to remember that November’s 18.8% gain was the sixth-highest reading in… Read More »