by Calculated Risk on 4/10/2025 11:20:00 AM 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 February. 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 4/10/2025 08:54:00 AM Here are a few measures of inflation: The first graph is the one Fed Chair Powell had mentioned two years ago when services less rent of shelter was up around 8% year-over-year. This declined and is now up 3.3% YoY. Click on graph for larger image. This graph…
by Calculated Risk on 4/10/2025 08:36:00 AM From the BLS: The Consumer Price Index for All Urban Consumers (CPI-U) decreased 0.1 percent on a seasonally adjusted basis in March, after rising 0.2 percent in February, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 2.4 percent…
by Calculated Risk on 4/10/2025 08:30:00 AM The DOL reported: In the week ending April 5, the advance figure for seasonally adjusted initial claims was 223,000, an increase of 4,000 from the previous week’s unrevised level of 219,000. The 4-week moving average was 223,000, unchanged from the previous week’s unrevised average of 223,000. emphasis added…
by Calculated Risk on 4/09/2025 08:14:00 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 will be released. The consensus is for 225 initial claims up from 219 thousand last week. • Also at 8:30 AM, The Consumer Price Index…
by Calculated Risk on 4/09/2025 05:01:00 PM From the Philly Fed: The Federal Reserve Bank of Philadelphia has released the coincident indexes for the 50 states for February 2025. Over the past three months, the indexes increased in 45 states, decreased in three states, and remained stable in two, for a three-month diffusion index of…
Silver’s correlation with inflation rates plays a critical role in shaping investment strategies during economic uncertainty. As inflation rises, investors often look for assets that preserve purchasing power. While gold dominates headlines, silver has gained attention as a versatile inflation hedge. Understanding how silver responds to inflation can help investors make informed decisions and optimize…
by Calculated Risk on 4/09/2025 07:00:00 AM From the MBA: Mortgage Applications Increase in Latest MBA Weekly Survey Mortgage applications increased 20.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending April 4, 2025. The Market Composite Index, a measure of mortgage…
by Calculated Risk on 4/08/2025 07:19:00 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 release the results for the mortgage purchase applications index. • At 2:00 PM, FOMC Minutes, Meeting of March 18-19 Source link
by Calculated Risk on 4/08/2025 02:17:00 PM Note: I’ve received a number of requests to post this again after the start of President Trump’s 2nd term. So here is another update of tracking employment during Presidential terms. We frequently use Presidential terms as time markers – we could use Speaker of the House, Fed Chair,…