Investors found few, if any, places to safely put their money in 2022, as central banks in the U.S. and around the globe raised interest rates for the first time in years to fight surging inflation, stoking fear of a global recession.
For months, Chair Jerome Powell has held out hope that the Federal Reserve will be able to raise interest rates high enough to throttle rampant inflation without tipping the economy into recession.
A confluence of factors – the expiration of federal stimulus checks and surging inflation on staples like gas and food – are driving an even bigger wedge between the haves and have-nots.
Americans on the cusp of retiring – a source of inventory for the nation’s housing markets – are facing a tough choice as they watch their nest eggs shrink: Stay the course or keep working.
Chair Jerome Powell on Tuesday underscored the Federal Reserve’s determination to keep raising interest rates until there is clear evidence inflation is steadily falling.
With the coronavirus spreading world-wide, President Donald Trump is laser-focused on the biggest threat it poses.
Financial markets have become so in thrall to President Donald Trump’s tweets that JPMorgan has created an index to help identify how much volatility they’re creating.
The Fed has signaled its decision that a rate cut now – and possibly one or more additional cuts to follow – could help inoculate the economy against a potential downturn. The idea is that lowering its key short-term rate, which can affect consumer and business loans, could encourage borrowing and spending and energize the economy.
Boston luxury home prices actually fell 4.7 percent in the third quarter, to an average of $3.6 million, the sixth-steepest decline in the country. Get ready for more of the same in 2019, thanks to investors trying to offload gilded condominiums.
Are you still doing a listing “presentation” where you use slides or do most of the talking? If you want to convert more listing appointments into signed listings, it’s time to shift from doing listing presentations to doing listening consultations.
