Housing Market
9 of 18 Fed Members Now Expect a Rate Hike in 2026
The FOMC held the federal funds rate at 3.5%-3.75% as Fed Chair Kevin Warsh hosted his first press conference. Here are the highlights.
June 18, 2026
The FOMC held the federal funds rate at 3.5%-3.75% as Fed Chair Kevin Warsh hosted his first press conference. Here are the highlights.
At the November FOMC press conference, Fed Chair Jerome Powell announced a 25 basis point cut to the federal funds rate. Here’s a breakdown of his statements on housing and the U.S. economy following the 2024 presidential election.
Following the June 11-12 FOMC meeting, Fed Chair Jerome Powell summed up the results at the press conference. He reiterated the Committee’s decision to maintain the current federal funds rate and signed only one rate cut by the end of 2024.
George Ratiu, KCM Chief Economist, joins Byron Lazine, Tom Toole, and Lisa Chinatti to discuss a bi-partisan affordable housing bill, U.S. debt default warning, flat inventory, how inflation impacts the 30-year fixed, and three reasons why buyers are not overpaying.
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