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Week 47 -2023 | From Nov. 20 to Nov. 24, 2023
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  10-Year Treasury Yield 3.709% Negative View   MBA Purchase Applications Positive View   Fixed Mortgage Rates 6.77% Negative View
           
           
    Chicago Fed Nat Activity Index Neutral View Durable Goods Orders Neutral View    
  Jobless Initial Claims Neutral View
       
    Thanksgvinng Day: Markets Closed  
  Leading Indicators Neutral View Existing Home Sales N/A Consumer Sentiment UM Neutral View   PMI Composite Flash Neutral View
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      EIA Natural Gas Report Neutral View    
           
           
           
    FOMC Minutes for 1Nov2023 Neutral View      
           
           
           
         
           
           
        global Neutral View Fed Balance Sheet Neutral View
           
           
           
           
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Week 47-2023 | Rating

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Week 47-2023 | Chart

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Week 47 -2023 | From Nov. 20 to Nov. 24, 2023
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Week 31 -2023 | From Jul. 31 to Aug. 4, 2023

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FOMC

Fed gave no indication of possible rate cuts at last meeting, minutes show. Federal Reserve officials at their most recent meeting expressed little appetite for cutting interest rates anytime soon, particularly as inflation remains well above their goal, according to minutes released Tuesday. The summary of the meeting, held Oct. 31-Nov. 1, showed that Federal Open Market Committee members still worry that inflation could be stubborn or move higher, and that more may need to be done. At the least, they said policy will need to stay “restrictive” until data shows inflation on a convincing trek back to the central bank’s 2% goal.

 

 

MBA Purchase Applications

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Jobless Claims

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Mortgage Rates

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