averaged 6.6% as of Jan. 18, according to Freddie Mac data, down 6 basis points from the previous week. A year ago, the 30-year rate was averaging 6.15%. Mortgage-purchase applications in the U.S..
Basis Points The New York Fed s Empire State business conditions index, a gauge of manufacturing activity, plunged 29.2 points this month to negative 43.7, the second lowest reading ever. The.
Searching for Signs of Ebbing U.S. Inflation; Fed s Williams Warns Rates May Stay High for Some Time By James Christie Good day. Today, the Labor Department will release its report on the.
Gaming the Fed s Bank Rescue Program; Cash Is Far From Dead; Median CPI May Be Misleading By James Christie Good day. An emergency lending program the Federal Reserve created during the 2023.
Fed s Bowman Says Hawkish Stance Has Evolved; For U.S. Consumers, Inflation Outlook Improves By James Christie Good day. Inflation in the U.S. could ease without the Federal Reserve resorting.