Weekly Update 12/20/2024: Fed Executes “Hawkish Cut”
A survey by the National Association of Homebuilders and Wells Fargo showed a gauge of sales in the next six months increased to 66 this month, the highest since April 2022.
Weekly Update 12/13/2024: US November CPI Comes in as Expected
US consumer prices rose at a firm pace in November that was in line with expectations, solidifying expectations for the Federal Reserve to cut interest rates next week.
Weekly Update 12/06/2024: Payrolls Rebound But Unemployment Rises
On Tuesday, the Jobs Openings and Labor Turnover Survey (JOLTS) report showed that in October job postings edged up to 7.74 million from 7.37 million in September according to the Labor Department.
Weekly Update 11/27/2024: US Consumer Confidence Rises as US Economy Expands at a Solid Pace in Third Quarter
US consumer confidence increased in November to the highest level in more than a year on optimism about the economy and labor market.
Weekly Update 11/22/2024: Markets Close Earnings Season
In a light week for U.S. economic releases, government data showed that housing starts declined in October to the slowest pace in three months.
Weekly Update 11/15/2024: US October CPI Comes in as Expected
A measure of underlying US inflation remained firm in October, underscoring the ongoing risks Federal Reserve officials face in trying to bring price pressures fully under control.