Federal Reserve Archive

Instant Reaction: Lawrence Yun on Today’s FOMC Statement

Below is the following statement from NAR Chief Economist Lawrence Yun on the Federal Reserve’s decision today to hike short-term interest rates: “The latest rate hike is partly justified from ongoing economic expansion and also a steadily falling unemployment...

Instant Reaction: Lawrence Yun on Today’s FOMC Announcement

Below is the following statement from NAR Chief Economist Lawrence Yun on the Federal Reserve’s decision today to stand pat on raising short-term rates: “Today’s FOMC decision is only a short-term, temporary pause. With no change in monetary policy, mortgage...

Instant Reaction: Today’s FOMC Meeting

Below is the following statement from NAR Chief Economist Lawrence Yun on the Federal Reserve’s decision today to raise short-term rates for the first time in 2017: “Rising inflation will predominantly dictate the next monetary policy decision, but another...

Instant Reaction: Lawrence Yun on Today’s FOMC Decision

Below is NAR Chief Economist Lawrence Yun’s immediate reaction to the Federal Open Market Committee’s (FOMC) announcement this afternoon that it’s raising its benchmark interest rate for the first time in 2016: “The era of ultra-low interest rates is...
December 14, 2016

Instant Reaction: November Jobs Report

The following is NAR Chief Economist Lawrence Yun’s reaction to today’s November jobs report from the U.S. Bureau of Labor Statistics: “Today’s November jobs report can be summed up as not bad, but not great. The good news is...

Instant Reaction: August Jobs Report

The following is NAR Managing Director of Housing Research Danielle Hale’s reaction to today’s August jobs report from the U.S. Bureau of Labor Statistics: “2.4 million new jobs have been added since one year ago which bodes well for...
September 2, 2016