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4 months ago

Fed's Flow of Funds: Household Net Worth Increased $4.8 Trillion in Q3

The Federal Reserve released the Q3 2024 Flow of Funds report today: Financial Accounts of the United States.
The net worth of households and nonprofits rose to $168.8 trillion during the third qua…

Fed's Beige Book: "Economic activity rose slightly"

Fed's Beige Book
Economic activity rose slightly in most Districts. Three regions exhibited modest or moderate growth that offset flat or slightly declining activity in two others. Though growth in ec…

6 months ago

Lawler: Mortgage Rates Have Surged Since the Federal Reserve Cut Interest Rates Last Month

Today, in the Calculated Risk Real Estate Newsletter: Lawler: Mortgage Rates Have Surged Since the Federal Reserve Cut Interest Rates Last Month

Excerpt:
From housing economist Tom Lawler:

Folks wh…

Schedule for Week of November 3, 2024

The FOMC meets this week and is expected to cut rates.

----- Monday, November 4th -----
No major economic releases scheduled.

----- Tuesday, November 5th -----
All day: U.S. Election

8:30 AM:

FOMC Preview: Fed to Cut Rates 25bp

Most analysts expect the FOMC will cut the federal funds rate at the meeting this week by 25bp lowering the target range to 4 1/2 to 4 3/4 percent.   
Currently almost all market participants are exp…

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