Unemployment Claims, PPI, Fed Chair Powell
at Calculated Risk on 11/13/2024 07:24:00 PM Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Thursday:• At 8:30 AM ET, The initial weekly unemployment claims report…
Instantaneous Core Inflation: Various Measures
Core up, but supercore down: Figure 1: Instantaneous inflation for core CPI (blue), chained core CPI (tan), supercore CPI (pink), services supercore (light green), PPI core (red), and PCE core…
Median CPI increased 0.3% and Trimmed-mean CPI increased 0.3% in October
at Calculated Risk on 11/13/2024 03:11:00 PM The Cleveland Fed released the median CPI and the trimmed-mean CPI. According to the Federal Reserve Bank of Cleveland, the median Consumer Price…
Household Debt Increased; Delinquency Rate “Edged Up”
at Calculated Risk on 11/13/2024 11:00:00 AM From the NY Fed: Household Debt Rises Modestly; Delinquency Rates Remain Elevated The Federal Reserve Bank of New York’s Center for Microeconomic Data…
NY Fed: Mortgage Originations by Credit Score, Delinquencies Increase, Foreclosures Remain Low
Today, in the Calculated Risk Real Estate Newsletter: NY Fed: Mortgage Originations by Credit Score, Delinquencies Increase, Foreclosures Remain Low A letter excerpt: The first graph shows mortgage originations by…
CPI Increased 0.2% in October; Core CPI increased 0.3%
at Calculated Risk on 11/13/2024 08:30:00 AM From the BLS: The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent on a seasonally adjusted basis in October, the…
Calculated Risk: YoY Measures of Inflation: Services, Goods and Shelter
at Calculated Risk on 11/13/2024 08:52:00 AM Here are a few measures of inflation: The first graph is the one Fed Chair Powell had mentioned when services less rent of…
Mortgage Applications Increased in Weekly Survey
at Calculated Risk on 11/13/2024 07:00:00 AM From the MBA: Mortgage Applications Increase in Latest MBA Weekly Survey Mortgage applications increased 0.5 percent from one week earlier, according to data…
CPI, Q3 Household Debt and Credit
at Calculated Risk on 11/12/2024 07:46:00 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…
TIPS Yield, Inflation Breakeven and Dollar Rise
Consistent with expansionary fiscal policy plus tariffs hitting a non-passive Fed reaction function. Figure 1: TIPS constant maturity 5 year yield (blue), five year breakeven (Treasury minus TIPS) (red), both…