by ISTMagents | Nov 1, 2023 | Blog
POWELL ANNOUNCES NOVEMBER RATE SKIP, MAINTAINING FEDERAL FUNDS RATE Fed Chair Jerome Powell announced at 2PM today that rates would not increase this month. Per the FOMC statement: “Recent indicators suggest that economic activity expanded at a strong pace in...
by ISTMagents | Jul 26, 2023 | Blog
Fed Hawks Force Interest Rates Higher Despite Declining Inflation Following today’s FOMC meeting, Fed Chair Jerome Powell announced another key interest rate increase in spite of the recent pullback in inflation. The Federal Reserve raised the benchmark rate by .25%...
by ISTMagents | Nov 10, 2022 | Blog
Today May Have Been The Best Day To Make An OfferRates Lower On Inflation News If you made an offer on a home in Washington DC today, you might have been in a better bargaining position than you would be tomorrow. Why? Because this afternoon’s Inflation report will...
by istm | Jun 15, 2022 | Uncategorized
The Federal Reserve (Fed) on Wednesday did something it hadn’t done in more than two decades: it raised the federal funds rate by 75 basis points, to 1.50-1.75%, a hike not seen since 1994. Last Friday, when the inflation print came out, the market shifted its...
