Tia   Yelton

Tia Yelton

REALTOR®

License #: 256449

Realty World - First Coast Realty

Mobile:
252-723-1629
Office:
252-247-0077
Email Me

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Rate Hikes ‘Soon’ as Fed Walks Tightrope

USA Real Estate News-RISMedia - 4 hours 17 min ago

A highly scrutinized two-day meeting of the Federal Reserve that concluded Wednesday resulted in no new interest rate hikes, though the central bank appears poised to move forward with an increase in the next few months following persistent inflation and an accelerating economic recovery.

“With inflation well above 2% and a strong labor market, the Committee expects it will soon be appropriate to raise the target range for the federal funds rate,” the Fed wrote in a statement following the meeting’s conclusion on Wednesday, Jan. 26.

Key Tax Proposal Affecting Real Estate May Be Off the Table

USA Real Estate News-RISMedia - 4 hours 18 min ago

As stalled negotiations over the sweeping federal Build Back Better bill appear to be regaining some momentum, one change championed by the real estate industry might be off the table this time around as Democrats navigate a narrow path to pushing a revised piece of legislation through congress.

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