by Calculated Risk on 5/13/2025 12:39:00 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 Index rose 0.3% in April. The 16% trimmed-mean Consumer Price Index increased 0.2%. “The median CPI and 16% trimmed-mean CPI are measures of core inflation…
by Calculated Risk on 5/13/2025 11:14:00 AM From the NY Fed: Change in Household Debt Balances Mixed; Student Loan Delinquencies Rise Sharply The Federal Reserve Bank of New York’s Center for Microeconomic Data today issued its Quarterly Report on Household Debt and Credit. The report shows total household debt increased by $167 billion (0.9%) in…
How quickly things change on the financial markets! Before America’s Liberation Day, investors viewed the 10% universal import tariff as disastrous. Now, it’s seen as the most favorable option. The S&P 500 has climbed 14% from its April lows, erasing all losses since the imposition of the highest U.S. tariffs since the early 20th century….
by Calculated Risk on 5/12/2025 07:13:00 PM From Matthew Graham at Mortgage News Daily: Mortgage Rates Jump to 2 Week Highs After US/China Trade Talks Tariffs and trade policy have been a new and important consideration for the bond market for just over a month now. That matters to mortgage rates because mortgage pricing is…
by Calculated Risk on 5/12/2025 02:00:00 PM From the Federal Reserve: The April 2025 Senior Loan Officer Opinion Survey on Bank Lending Practices The April 2025 Senior Loan Officer Opinion Survey on Bank Lending Practices (SLOOS) addressed changes in the standards and terms on, and demand for, bank loans to businesses and households over the…
by Calculated Risk on 5/12/2025 10:31:00 AM Today, in the Calculated Risk Real Estate Newsletter: 2nd Look at Local Housing Markets in April A brief excerpt: It appears sales will be down year-over-year for the 3rd consecutive month, and sales-to-date in 2025 are trailing sales in 2024 – and 2024 was the lowest sales year…
by Calculated Risk on 5/11/2025 06:21:00 PM Weekend:• Schedule for Week of May 4, 2025 Monday:• At 2:00 PM ET, Senior Loan Officer Opinion Survey on Bank Lending Practices for April. From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are up 73 and DOW futures are up 449 (fair value). Oil prices were up…
by Calculated Risk on 5/11/2025 08:16:00 AM The first graph shows the unemployment rate by four levels of education (all groups are 25 years and older) through April 2025. Note: This is an update to a post from several years ago. Unfortunately, this data only goes back to 1992 and includes only three recessions (the…
At the Calculated Risk Real Estate Newsletter this week: Click on graph for larger image. • Part 1: Current State of the Housing Market; Overview for mid-May 2025 • ICE Mortgage Monitor: Home Prices Continue to Cool • 1st Look at Local Housing Markets in April • Asking Rents Mostly Unchanged Year-over-year This is usually…
by Calculated Risk on 5/10/2025 08:11:00 AM The key reports this week are April CPI, Retail Sales and Housing Starts. For manufacturing, April Industrial Production, and the May NY and Philly Fed manufacturing surveys will be released. —– Monday, May 12th —– 2:00 PM: Senior Loan Officer Opinion Survey on Bank Lending Practices for April….