Consumer Spending Drops as Inflation Hits New Milestone
As consumer spending drops, investors focus on two major pieces of data this week: retail sales and inflation.
Mortgage Rates Rise to Kick Off the New Year
The first week of 2022 saw mortgage rates rise to kick off the New Year, pushing them to their highest levels since April of 2021.
Central Bank Meetings Quickly Offset High Volatility for Mortgage Rates
In an action-packed week, analysts saw Central Bank meetings quickly offset high volatility for mortgage-backed securities.
Holiday Consumer Spending Surges as Feds Adjust for Colossal Inflation
As holiday consumer spending surges, the Federal Reserve plans adjustments for the recent colossal inflation, hitting a 30-year high.
Surprising Consumer Spending Growth Leads to Retail Sales Surge
The theme of this week revolved around surprising consumer spending growth. As a result, retail sales saw an overall surge.
Inflation Frenzy Continues as Supply Chain Now Faces Disruptions
As the holiday season approaches, the inflation frenzy continues. Currently, the U.S. faces a cavalcade of supply chain disruptions.
Inflation Jumped to 30-Year High as Shortages Quickly Compound
After months of back-and-forth discussion, last week saw inflation jump to a 30-year high as shortages compound.
United States Resurgence Suffers in the Face of Emerging Obstacles
The latest few months highlight the trend of the United States resurgence suffering. Key data revealed mixed results throughout the economy.
Strong Consumer Spending Offsets Inflation Driving Mortgage Rates Down
The past week saw strong consumer spending. This data offset weak inflation figures. As a result of the reporting, mortgage rates ended slightly lower.
Retail Sales Jump in a Really Surprising Week
In a really surprising week, analysts saw retail sales jump far above the consensus while Consumer Price Index failed to reach it.