Federal Funds Rate: 2.00%
Discount Rate: 2.25%
The Federal Open Market Committee decided today to keep its target for the federal funds rate at 2 percent.
Although downside risks to growth remain, they appear to have diminished somewhat, and the upside risks to inflation and inflation expectations have increased.
Technorati Tags: federal funds, interest, rate, Federal Reserve, Federal [...]
Mortgage Applications Survey At a Glance
Adjusted seasonally
Market Composite Index: 461.3
Change: Down 9.3%
Purchase Index: 333.4
Change: Down 7.4%
Refinance Index: 1212.2
Change: Down 12.1%
4-Week Moving Average: Down 6.1%
30-year Fixed Rate: 6.39% with 1.12 points
Technorati Tags: mortgages, mortgage, interest, rates, applications, housing market
Durable Goods At a Glance
New Orders: $213.6 billion
New Orders Change: Up slightly
Shipments Change: Down 1.1%
Unfilled Orders Change: Up 0.9%
Inventory Change: up 0.4%
Nondefense Capital Goods Change: Up 0.4%
Technorati Tags: durable goods, manufacturers, orders, inventories
New Home Sales At a Glance
Annual Sales Rate (Seasonally Adjusted): 512,000
Monthly Change: Down 2.5%
Annual Change: Down 40.3%
Median Sales Price: $231,000
Monthly change: Down $15,500
Unsold Inventory: 10.9 Months
Technorati Tags: home sales, new residential sales
Consumer Confidence At a Glance
Consumer Confidence Index: 50.4
Monthly Change: Down 7.7
Present Situation Index: 64.5
Monthly Change: Down 9.7
Expectations Index: 41.0
Monthly Change: Down 6.3
1985=100
Technorati Tags: consumer confidence, consumer confidence index
Conference Board Leading, Coincident and Lagging Indicators At a Glance:
Leading Index: Up 0.1%
Coincident Index: Up 0.1%
Lagging Index: Up 0.2%
Improved Leading Indicators: 4
Unchanged Leading Indicators: 1
Worsened Leading Indicators: 5
Improved Coincident Indicators: 2
Unchanged Coincident Indicators: 0
Worsened Coincident Indicators: 2
Technorati Tags: Conference, Board, Leading Index, Leading Indicators
