Heading into March and the official start of spring, experts think it’s likely that prices will stabilize. Joe Raedle/Getty Images 2022 saw higher home prices and higher mortgage rates that sidelined ...
Tag: Economists
Bitcoin Price Doesn’t Care About Macro News: NY Fed Economists
The Federal Reserve Bank of New York led a study that examined the relationship between bitcoin and macroeconomic data, finding that the two barely have a link. “The key result is that, unlike other U...
Economists say Moscow and Putin won’t drain war chest any time soon
Men wearing military uniform walk along Red Square in front of St. Basil’s Cathedral in central Moscow on February 13, 2023. Alexander Nemenov | Afp | Getty Images The coming months will be crit...
Inflation Fell To 6.4% In January—But Is Still Worse Than Economists Expected As Rent, Food And Gas Prices Keep Rising
Topline Annual inflation in January fell for a seventh straight month but prices still rose more than economists projected since December—signaling inflation may take longer than previously thought to...
6 leading real estate economists and pros on what to expect from the housing market this winter
Getty Images Some aspiring homebuyers are in for some much-needed relief. “Right now might appear more appealing to some buyers because, recently, the housing market has been cooling. Prices are dropp...
Opposite What Economists Believe, Rising Wages Signal Easing Inflation
In the closing months of 2020 as the horrid lockdowns related to the coronavirus began to ease, the American people started to live again. With restaurants in some cities re-opened for – gasp – actual...
Mortgage rates near 6% unleash horde of homebuyers, and even lower rates could be on the way — but economists warn consumers are still ‘not invincible’
Mortgage rates near 6% unleash horde of homebuyers, and even lower rates could be on the way — but economists warn consumers are still ‘not invincible’ Refusing to let a good opportunity p...
China’s reopening ‘good news’ for growth — but could be inflationary, economists warn at Davos
China’s reopening has been one of the most discussed topics at the World Economic Forum in Davos. Bloomberg | Bloomberg | Getty Images DAVOS, Switzerland — China’s economic reopening might...
BIS Economists Recommend 3 Crypto Policies for Regulators Worldwide to Adopt – Regulation Bitcoin News
Economists at the Bank of International Settlements (BIS) have recommended three policies regulators worldwide could adopt in order to deal with the risks posed by cryptocurrencies. “Authorities can n...
St. Louis economists ask if the Great Moderation is over
Mercifully, CPI in the US has been on the decline, having peaked at over 9% YoY as recently as June. Core CPI nearly touched 7% in September, which still boggles the mind. Are you looking for fast-new...
CBDCs Could Make Traditional Finance ‘More Attractive’ and Reduce Risk From Crypto, Say Central Bank Economists
Economists at the Bank for International Settlements (BIS) think central bank digital currencies (CBDCs) could “curb the demand” for crypto. In a new bulletin, BIS economists Matteo Aquilina, Jon Fros...
Fed Economist’s Study Shows Harm Of Government-Spread Misinformation On Small Loans
The “Twitter Files” have made some shocking revelations about government entities muscling social media companies to de-platform people in the name of preventing so-called misinformation. My colleague...
Consumer prices fell 0.1% in December, in line with expectations from economists
Inflation closed out 2022 in a modest retreat, with consumer prices posting their biggest monthly decline since early in the pandemic, the Labor Department reported Thursday. The consumer price index,...
Is The Yield Curve Flashing A False Recession Warning? More Economists Are Starting To Think So
Topline For months, the widely (and nervously) tracked yield curve has been inverted in a telltale sign of a looming recession, but in recent days, economists, including one who pioneered the indicato...
Goldman Sachs Economists Predict UK 2023 Recession Could Rival That of Russia
According to Goldman’s 2023 macroeconomic, the recession in the UK will come close to the crunch in sanctioned Russia. Goldman Sachs (NYSE: GS) economists recently predicted that in 2023, the economi...
The UK recession will be almost as deep as that of Russia, economists predict
London Stock Exchange Toby Melville | Reuters LONDON — The U.K. economic contraction of 2023 will be almost as deep as that of Russia, economists expect, as a sharp fall in household living standards ...
‘Recession’ Is Every Bit as Foolish As the GDP Calculation That Informs It
A recent Wall Street Journal headline lamented a scenario in which “Europeans Don’t Spend, Auguring a Recession.” Are journalists the problem, or sub-editors writing the headlines, or might it be that...
Consumer price inflation almost at its peak, says ECB economists
European Central Bank Chief Economist Philipp Lane has stated that consumer price inflation is almost its peak as he conceded that lending rates are likely to be increased again. Inflation about to pe...
Chinese Stocks Rally As Beijing Signals Reopening—But Economists Divided Over Covid Rebound
Topline Chinese and Hong Kong stocks rallied on Monday and the renminbi jumped against the dollar, a positive sign of returning investor confidence amid rising public discontent and ongoing economic t...
The Economists Who Cried “Recession!”
Wall Street’s Fables: The Economists Who Cried “Recession!” getty At a recent meeting of retail industry executives, the words on everyone’s lips were “the coming recession.” I’m not an economist, but...
Why labor economists say the remote work ‘revolution’ is here to stay
Momo Productions | Digitalvision | Getty Images Remote work surged in the pandemic era — but this trend, borne of necessity for public health, has now become a fixture of the U.S. job market, one that...
Transitory inflation talk is back. But economists say higher prices here to stay
Prices of fruit and vegetables are on display in a store in Brooklyn, New York City, March 29, 2022. Andrew Kelly | Reuters Global markets have taken heart in recent weeks from data indicating that in...
Wall Street Economists Split on Whether Fed Cuts Rates in 2023
(Bloomberg) — Wall Street’s biggest banks agree the Federal Reserve will hike US interest rates further into next year, but are at odds over how high it will take them and whether it will be cut...
Did Bullard undershoot? Stifel economists say fed funds rate may need to go to 8% or even 9%.
A day after a Federal Reserve official’s market-moving admission that interest rates may need to go to as high as 7%, analysts came up with an even more surprising conclusion: that 7% still won’t be h...
Economists See US Inflation Running Even Hotter Through Next Year
(Bloomberg) — Economists see US inflation running hotter through next year than they did a month ago and recession odds continue to mount against a backdrop of rising borrowing costs. Most Read ...
Goldman Sachs economists forecast a ‘sharp decline’ in inflation next year
Goldman Sachs says U.S. inflation will ease “significantly” next year as three key factors contributing to higher consumer prices continue to disappear. Goldman economists see core PCE back to 2.9% La...
Economists Predict England Will Win Qatar 2022 World Cup But AI Backs Brazil
Harry Kane of England celebrates after scoring their side’s second goal in the UEFA Euro 2020 … [+] Championship semi-final against Denmark at Wembley Stadium on July 07, 2021. (Photo by L...
Economists Warn of Severe Recession as Fed Continues Raising Interest Rates to Fight Inflation – Economics Bitcoin News
A growing number of economists have warned about a severe recession in the U.S. if the Federal Reserve keeps up its fight against inflation. “Each adverse development in the outside world implies the ...
‘Most economists are predicting a recession in 2023’: I own a rental property. Is it a good time to take out a bank loan and renovate — or should I wait?
Dear MarketWatch, Along with a sibling, I own a rental property of more than 40 rooms in the Caribbean, where we do weekly rentals. It’s near downtown but in need of repairs and renovation. Is this ...