New Home Sales Increase in March
New single-family homes sales rose to a seasonally adjusted annual rate of 724,000 according to the U.S. Census Bureau and...
Economy
Beige Book: Tariffs causing increase in economic uncertainty
Economic activity was little changed since March, but uncertainty around international trade policy was pervasive across the 12 Federal Reserve...
Survey: Community bankers remain optimistic but concerned about tariff effects
Community bankers maintain an overall positive outlook on the economy but worry that future business conditions are fading, according to...
ABA DataBank: Credit spreads remain relatively tight
Despite recent economic uncertainty, credit spreads remain relatively tight compared to levels seen during COVID. This indicates that investors are...
Podcast: Why the Fed paying interest on reserves matters
The payment by the Federal Reserve of interest on bank reserves may sound like an abstruse matter of economic theory,...
Mortgage rates rise
The rate for a 30-year fixed-rate mortgage was 6.83% this week. The rate for a 15-year fixed-rate mortgage was 6.03%.
Housing starts fall in March
Housing starts decreased by 11.4% in March from the month prior to a seasonally adjusted annual rate of 1.32 million,...
Powell: Tariffs will likely cause higher inflation, slower growth
With the tariffs announced by President Trump much higher than anticipated, the same is probably true of their economic effects,...
Industrial production decreased 0.3% in March
Industrial production decreased 0.3% in March from the previous month, the Federal Reserve reported. The March figure was up 1.3%...
Home builder confidence rises slightly in April
Builder confidence in the market for single-family homes in May was 40, up one point from the previous month, according...
