Requests to refinance are up 40 percent from a year ago, but uncertainty “continues to hold homebuyers out of the market,” Mortage Bankers Association economist…
Posts published in “Samuel Tombs”
As Fed policymakers await more data confirming that inflation has been tamed, futures markets put the odds of a September rate cut at 90 percent,…
An estimated 7.24 million Americans were unemployed in May, as hiring by private employers slowed and the federal government continued to shrink its payroll. Source:…
Central bank policymakers need time to assess Trump administration’s “substantial policy changes” in areas including tariffs, immigration, taxation and regulations Source: Inman News
Advance GDP reading suggests the economy shrank by 0.3 percent during Q1, as a rush by businesses to import goods before tariffs took hold and…
Consumer confidence sank to a five-year low in April over concerns about tariffs, while trade deficit surged to an all-time high in March, and job…
The University of Michigan Index of Consumer Sentiment fell 11 percent from March to April and is now lower than it was during the Great…
Inflation as measured by the Consumer Price Index dropped to an annual rate of 2.4 percent last month, but the impact of tariffs is unlikely…
Heightened fears of a trade war and recession have investors convinced that the Fed will start cutting rates again in June — a sentiment that…