Top-of-mind economic news as we start the week: — The average rate on U.S. 30-year mortgages climbed to 6.7%, the highest level in 15 years. — US GDP fell by 0.6%
Top-of-mind economic news as we start the week: — The Federal Reserve raised its key interest rate by another 3/4ths of a percent, to range of 3% – 3.25%, with mor
— U.S. inflation as measured by the Consumer Price Index (CPI) remains stubbornly high; prices are up 8.3% over the past 12 months, after August’s 0.1% rise.
Top-of-mind economic headlines as we start the week: — The European Central Bank exited negative interest rates, raising its key rate to around zero (up 75 basis points)
Top-of-mind economic news as we start the week: — The U.S. economy added 315,000 jobs in August, indicating hiring remains strong; unemployment rate rose as more workers
— U.S. GDP fell by 0.6% in the second quarter, a much smaller decline than the original -1.2% estimate. — The Federal Reserve will continue to raise interest rates
Top-of-mind economic headlines as we start the week; — Sales of existing U.S. homes fell 5.9% in July (from June) and the median sale price dropped 2.4% from the all-tim
Top-of-mind economic headlines as we start the week: — U.S. consumer prices were essentially flat in July (-0.02%) vs. a 1.3% rise in June, as the drop in gas prices off
Top-of-mind economic headlines as we start the week: — The U.S. Congress approved a historic climate change, tax and healthcare bill that includes efforts to cut greenho