US personal income rose 0.2% mom, or USD 47.0B in July, below expectation of 0.6% mom. Spending rose 0.1% mom or USD 23.7B, also below expectation of 0.4% mom. From the preceding month, PCE price index dropped -0.1% mom. prices for goods dropped -0.4% mom while prices for services rose 0.1% mom. Food prices rose […]
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Japan’s producer inflation moderated in February, offering some relief on the domestic cost front even as import prices surged. Producer Price Index rose 2.0% yoy, slowing from January’s 2.3% pace and coming in slightly below Read more…
ECB President Christine Lagarde signaled that policymakers will remain vigilant against inflation risks stemming from the Iran war while avoiding hasty decisions in the face of heightened uncertainty. In an interview with France2, Lagarde said Read more…
During my career reporting on mortgage rates and home buying and selling trends, I have often paid close attention to real estate technology company Zillow’s published research that often includes making housing market predictions. Zillow Read more…