Author: Educational Trades

Existing home sales fall 2% as first-time buyers are priced out

The share of first-time buyers fell to just 19% of all sales, the lowest since January 2019.

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Jamie Dimon warns it’s possible the Fed could be forced into a sharp move next year

Jamie Dimon said that if the U.S. continues to see inflation running hot over the next few months then

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Stronger mortgage demand points to September surge in home sales

Mortgage demand rose last week as more buyers came into the housing market.

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The Fed will try to soothe markets Wednesday, while preparing investors for end to bond buying

After Monday's market turbulence, the Fed's challenge will be to sound reassuring while acknowledging it is getting ready to

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After years of being ‘squeaky clean,’ the Federal Reserve is surrounded by controversy

The Federal Reserve has a big meeting on tap next week, one that will be held under the cloud

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Consumer prices post smaller than expected increase in August

The consumer price index was expected to increase 5.4% from a year ago in August, according to economists surveyed

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Tuesday’s CPI report likely to show inflation continuing to run hot, putting the Fed in tough spot

Tuesday's report of the consumer price index could set the tone for markets ahead of next week's Federal Reserve

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Producer inflation accelerated in August, as wholesale prices rose record 8.3% from a year ago

The producer price index for final demand products was expected to increase 0.6% in August, according to economists surveyed

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Weekly jobless claims post sharp drop to 310,000, another new pandemic low

Initial filings for unemployment benefits were expected to total 335,000 for the week ended Sept. 4.

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Businesses are feeling stronger inflation and paying higher wages, Fed’s ‘Beige Book’ says

Businesses are experiencing escalating inflation that will likely be passed onto consumers, the Fed reported Wednesday.

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