
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.

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 June 17–18 FOMC meeting, the Federal Reserve held rates steady and maintained its forecast for two rate cuts in 2025, while Fed Chair Jerome Powell warned that rising tariffs could drive inflation higher in the months ahead.

At the May 2025 FOMC meeting, the Federal Reserve held interest rates steady at 4.25%–4.5%, with Chair Jerome Powell emphasizing a wait-and-see approach amid mixed signals—resilient consumer spending, low unemployment, and lingering inflation.

Federal Reserve Chair Jerome Powell used the word “uncertainty” several times during the FOMC press conference. Housing came up twice, with reporters more focused on tariffs and the economy. Here’s what that means for housing and real estate professionals.

Testifying before the Senate Banking Committee, Fed Chair Jerome Powell addressed the housing market, stating that mortgage rates remain high due to long-term bond yields—not Fed policy. Read his full remarks on affordability, supply, and future rate cuts.

At the December FOMC press conference, Fed Chair Jerome Powell announced a federal funds rate cut of 25 basis points. Here’s a breakdown of his statements on housing and the U.S. economy for the last FOMC meeting of 2024.

According to a new study from Realtor.com®, the Federal Reserve’s recent rate cuts are poised to significantly impact real estate markets with the highest shares of owner-occupied homes with a mortgage, particularly in Washington D.C. and Denver.

The Realtor.com® September Housing Report shows newly listed homes increased 11.6% year-over-year as mortgage rates dropped to a 24-month low following a 50 basis point Federal Reserve rate cut.

The National Association of Home Builders (NAHB), using data from the Federal Reserve, reports that owners’ equity in real estate assets reached 72.7% in Q2 2024, marking the highest level since 1958.

Fed Chair Jerome Powell spoke before the House Financial Services Committee on July 10, 2024. We’re focusing on Powell’s statements in discussions related to housing, as well as Maxine Waters’ opening remarks on the subject.

At the FOMC press conference on March 20, 2024, Jerome Powell gave an opening statement and answered questions from reporters. Here we include questions and comments related to the housing market.

During the FOMC press conference on January 31, 2024, Jerome Powell directly addressed questions regarding housing price inflation and Senator Elizabeth Warren’s letter to the Federal Reserve.