Reading Time: 2 minutesThe Federal Reserve’s decision today to cut its benchmark interest rate by 25 basis points, marking the third consecutive reduction of 2025, represents a notable deviation from historical precedent. While rate cuts are not unusual during periods of clear economic Read more…
Reading Time: 2 minutesDespite a light rebalancing of third and fourth quarter estimates, full-year 2020 economic output is still expected to contract 2.6 percent, according to the latest commentary from the Fannie Mae (OTCQB: FNMA) Economic and Strategic Research (ESR) Group. Its estimate of third quarter 2020 Read more…
