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Q4 GDP revised down slightly – here’s what that means for interest rates

The second forecast for fourth-quarter gross domestic product (GDP) was relatively flat in this week’s second round of statistics. (iStock) of Secondary estimate According to the U.S. Bureau of Economic Analysis (BEA), real gross domestic product (GDP) for the fourth quarter of 2023 has been revised downward slightly, in part because private inventory investment was […]

US fourth-quarter economic growth revised slightly lower

‘Kudlow’ panelists Steve Forbes and Sandra Smith discuss preserving the US dollar. The government acknowledged Wednesday that the U.S. economy grew solidly in the fourth quarter on the back of strong consumer spending, but appeared to have slowed slightly early in the year. The Bureau of Economic Analysis of the Department of Commerce has released […]

Rent prices fell slightly overall in January, but rose in some parts of US

Conference Board Chief Economist Dana Peterson says in Making Money that the LEI is great for the commodity economy. Asking rent prices in January edged down across the U.S. for the sixth consecutive month, but not enough to reassure renters given the price hikes of recent years, with rents still rising in some areas. are […]

European markets close slightly higher; Temenos up 8.8% – CNBC

8 minutes ago European stocks end higher European stocks rose slightly on Monday, with the Stoxx 600 index up 0.17% after gaining 1.4% last week. Britain’s FTSE 100 index rose 0.22%, while France’s CAC40 index was flat and Germany’s DAX index fell 0.15%. See chart… STOXX 600 index. 2 hours ago AstraZeneca executive says lung […]

Mortgage rates rise slightly as homebuyer sentiment tanks

Conference Board Chief Economist Dana Peterson says in Making Money that the LEI is great for the commodity economy. Mortgage rates rose slightly this week, with 30-year fixed-rate bonds continuing to hover in the mid-6% range. The sluggish housing market suggests consumers are still looking to hold off on moving until interest rates come down, […]

Mortgage rates dip slightly as demand remains stalled

Dana Peterson, chief economist at the Conference Board, said the leading indicators are great for the commodity economy when it comes to “making money.” Mortgage rates fell slightly this week, but this slight drop is of little consolation to potential home buyers and sellers as demand remains largely stagnant. Freddie Mac’s latest primary mortgage market […]

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