Locking up the butter in Russia (CNN). Official inflation in October was 0.8% m/m (annualize that and it’s about 10%. That’s the official inflation rate. The ex post rate is…
Since the incoming administration has indicated the deportations will start on day one, I thought it of use to consider the sectoral impacts of a policy of mass deportation (aside…
at Calculated Risk on 11/20/2024 02:33:00 PM Container traffic gives us an idea about the volume of goods being exported and imported – and usually some hints about the trade…
at Calculated Risk on 11/20/2024 12:35:00 PM Note: This index is a leading indicator primarily for new Commercial Real Estate (CRE) investment. From the AIA: ABI October 2024: Business conditions…
at Calculated Risk on 11/20/2024 09:23:00 AM Today, in the CalculatedRisk Real Estate Newsletter: California Home Sales Up 9.5% SA YoY in October Excerpt: The National Association of Realtors (NAR)…
at Calculated Risk on 11/20/2024 07:00:00 AM From the MBA: Mortgage Applications Increase in Latest MBA Weekly Survey Mortgage applications increased 1.7 percent from one week earlier, according to data…
at Calculated Risk on 11/19/2024 08:57:00 PM Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Wednesday:• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will…
Including HICP and nowcast PCE deflator. Figure 1: Instantaneous inflation per Eeckhout (2023) for CPI (blue), chained CPI (red), HICP (green), PCE deflator (bold black), PCE market-facing deflator (pink). Chained…
at Calculated Risk on 11/19/2024 03:53:00 PM From housing economist Tom Lawler: According to CME FedWatch, the “market-based” probability that the FOMC will cut its federal funds rate target by…
Today, we are pleased to present a guest contribution written by Joshua Aizenman (University of Southern California) and Jamel Saadaoui (Université Paris 8-Vincennes). This post is based on the paper…
