Tuesday, September 26, 2017

Stop sugarcoating the housing market: Economist warns that buyers face increasing troubles

The nation's housing market is not healthy; in fact, it is increasingly mismatched with today's buyers....(read more)
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Senate will not vote on Obamacare repeal bill, killing health reform chances in '17

Three GOP senators have said they would vote "no" on Graham-Cassidy, which will be the last opportunity for Republicans to pass Obamacare repeal this year....(read more)
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6 reasons why inflation will stay low — and how to capitalize on it

Invest in housing plays, brokerages and recruitment firms, writes Michael Brush...(read more)
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Senior Republican senator says he thinks Trump will not reappoint Yellen to Fed

An influential Republican Senator said Tuesday he did not think that President Donald Trump would reappoint Fed Chairwoman Janet Yellen to a second four-year term. "I believe he will appoint someone else to take her place," Sen. Richard Shelby, the former chairman of the Senate Banking Committee, told Bloomberg Television. Shelby said he has talked to Trump about the vacancies at the central bank, but refused to provide any details of their conversation. Trump could end up filling five of the seven seats on the Fed board of governors. Yellen's term ends in early February....(read more)
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Fed's Yellen says gradual hikes should continue, despite weak inflation

CLEVELAND (Reuters) - The Federal Reserve needs to continue gradual rate hikes despite broad uncertainty about the path of inflation, Fed Chair Janet Yellen said on Tuesday in remarks that acknowledged the central bank's struggles to forecast one of its key policy objectives....(read more)
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Watch Fed Chair Janet Yellen discuss inflation and the economy

Yellen will discuss "inflation, uncertainty, and monetary policy" in an address Tuesday to the National Association for Business Economics in Cleveland....(read more)
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The Fed: Fed's Bostic, in first speech, says he's skeptical of common excuses for low inflation

Atlanta Fed President Raphael Bostic, in his first speech, showed an independent streak by saying he is skeptical of the most common explanations for low inflation....(read more)
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