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Economists forecast just 50 basis points of Fed cuts in 2026

Just 14% of the economists surveyed by Wolters Kluwer expect the Federal Open Market Committee’s next short-term rate reduction to take place at its January meeting. Processing Content Overall, the Blue Chip Economic Indicators panel consensus is for two cuts during this year to the Fed Funds Rate and none next year, with almost no […]

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Bill Pulte seen as key instigator behind Powell subpoena

Federal Housing Finance Agency Director Bill Pulte was a driving force behind the Trump administration’s decision to subpoena the Federal Reserve, according to people familiar with the matter, intensifying pressure on the central bank as President Donald Trump prepares to pick a new Fed chief. Processing Content Some of Trump’s allies were alarmed by the

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The Credit Score Myth That’s Holding Would-Be Buyers Back

Would-be homebuyers aren’t sitting on the sidelines because they don’t want to buy. They’re sitting out because they think they can’t. And sometimes, it’s their credit score that’s holding them back. According to a Bankrate survey, 2 out of every 5 (42%) Americans believe you need excellent credit to qualify for a mortgage. That may

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