Consumer Choice in Bank Deposit Products
Digging into the data showing that the market for deposits is highly competitive.
Economy
Fed Gov. Waller: Current Surge in Housing Costs and Previous Price Bubble Not Comparable
Today’s rise in housing prices not as risky to financial stability as the real estate bubble and crash of 2008,...
New Home Sales Fall in February
New single-family home sales fell to a seasonally adjusted annual rate of 772,000 in February, according to the U.S. Census...
Powell: High Inflation Could Push Longer-Term Expectations ‘Uncomfortably Higher’
With the U.S. economy experiencing a period of high inflation and with new economic uncertainties prompted by the Russian invasion...
ABA Data Bank: FOMC Raises Fed Funds Rate 25 Basis Points in March
According to the Federal Open Market Committee dot plot, the Federal Reserve expects to increase rates six more times this...
Existing Home Sales Decrease in February
Existing-home sales fell 7.2% in February to a seasonally adjusted annual rate of 6.02 million, according to the National Association...
Housing Starts Increase in February
Housing starts were at a seasonally adjusted annual rate of 1.769 million in February, according to the U.S. Census Bureau....
Industrial Production increases in February
Industrial production increased 0.5% in February after increasing 1.4% in January. Total industrial production in February was 7.5% higher than...
Retail Sales Increase in February
There were $658.1 billion in retail and food service sales in February, an increase of 0.3% from the previous month,...
Home Builder Confidence Falls in March
The National Association of Home Builders/Wells Fargo Housing Market Index decreased two points to 79 in March. “While builders continue...
