Federal Reserve Board (FRB)

The rise in consumer spending and credit card balances reflects a shift from COVID-19 economic behavior when most people scaled back spending and substantially paid down debt, researchers said. 

First American Deputy Chief Economist Odeta Kushi reviews historical data to gauge effect on housing market, rates.

Also sets target range for the federal funds rate at 0 to 1/4%.

Stepping down early amid criticisms of personal stock trades made during the pandemic

Open Market Committee also expects to raise federal funds rate a year earlier, in 2022