U.S. Consumer Prices Flat; Core Rate Speeds Up
U.S. Consumer Prices Flat; Core Rate Speeds Up
The headline inflation rate remained unchanged in April as was widely expected. The 2.8% fall in gasoline prices and 0.2% drop in food prices offset the 0.3% rise in the core rate, which excludes food and energy. Todayl’s monthly reading brings the year-over-year year rate down […]
The Trade Deficit Widens in the United States, While House Prices Continue to Drop!
The Trade Deficit Widens in the United States, While House Prices Continue to Drop!
Stock markets dropped yesterday as the rally that extended over the last two weeks seems to be coming to an end; meanwhile Bernanke signaled yesterday that the results of the Stress Tests were rather encouraging, though investment and trading banking businesses should […]
Home Prices Increased 1.7% Nationally In January
Home Prices Increased 1.7% Nationally In January
U.S. HPI (Jan) Actual 1.7%, Expected -0.7%, Previous -0.2% (Revised from 0.1%)
Release Explanation: A monthly report on home prices with mortgages backed by Fannie Mae and Freddie Mac released by the Office of Federal Housing Enterprise Oversight. Important since the housing market is included in most economic forecasts. Retail […]