Week of June 10, 2024 in Review The Fed once again held rates steady, while tamer than expected consumer and wholesale inflation for May was a welcome sign. Unemployment claims also saw a big move higher. Here are last week’s…
The Fed once again held rates steady, while tamer than expected consumer and wholesale inflation for May was a welcome sign. Unemployment claims also saw a big move higher. Here are last week’s highlights: Fed Holds Rates Steady, Indicates…
April brought cooler than forecasted consumer inflation, which was welcome news after the first quarter’s more persistent readings. Meanwhile, confidence among home builders declined and new construction activity was softer than expected. Read on for these stories and more: -Friendly…
Strong home price appreciation demonstrates the opportunity that remains in the housing market, while unemployment claims saw a breakout. Plus, what might be ahead for consumer spending? Here are the headlines: -Opportunity in Housing Remains Strong -Initial Jobless Claims Hit…
The Fed once again held rates steady, labor sector data showed signs of softening, and there’s more evidence of rising home values across the country. Read on for these stories and more: – Fed Shuts Down Rate Hike Chatter -…
The progress lower on inflation remains stalled, while signed contracts on both new and existing homes rebounded in March. Here are the headlines: -Inflation Progress Getting Harder -New Home Sales Data Confuses Media -Signed Contracts on Existing Homes March Higher…
Despite a pullback in sales and construction, the housing sector is showing signs of strength heading into the spring buying season. Plus, Fed Chair Jerome Powell gave some hints about what may be ahead for rate cuts. Read on for…
Job growth surpassed expectations in March, while home price growth remains strong ahead of the busy spring homebuying season. Read on for these stories and more: -March Job Gains Roared in Above Estimates -Jump in ADP Job Numbers -Job Openings…
Progress on the Fed’s preferred inflation measure has stalled, while the latest data on appreciation and signed contracts show strength in the housing sector. Here are the headlines: -Progress Stalls on Inflation -Media Mixed Up About Mix of New Home…
The Fed held rates steady, as anticipated, with their forecasts showing that three cuts are still expected this year. Plus, February saw positive momentum in home sales and construction. Here are the top stories: -Fed Still Signals Three Rate Cuts…
