The theme in the secondary mortgage market this week has been volatility. Prices of mortgage backed securities have moved around a wide range as traders attempt to balance their uncertain long term economic outlooks with optimistic short term sentiment in stocks. This ongoing struggle has mostly insulated...
Interview and discussion with Keith McCullough of the Research Edge. He says inflation will accelerate in the fourth quarter. (Bloomberg News)
Analysis and conversation with Mustafa Chowdhury of Deutsche Bank talking about inflation and/or if Fed is risking serious inflation by pumping trillion dollars. (Bloomberg News)
Core consumer prices in the United States climbed above expectations in March, the U.S. Labor Department reported on Wednesday. Meanwhile, headline inflation fell into negative territory for the first time in over 50 years. The seasonally-adjusted core U.S. Consumer Price Index, which excludes volatile...
Federal Reserve Bank of Richmond President Jeffrey Lacker said Thursday it will be challenging for the Fed to withdraw fiscal stimulus and avoid inflation in the United States. Lacker warned that the Federal Reserve's balance sheet will have to be unwound in the future to avoid increased inflation...
Today's higher-than-expected U.S. inflation results suggest that the Fed can forget about deflation worries for now, economists say. Just days ago, the FOMC minutes from the Jan. 28 meeting revealed that deflation was a concern, with the board members putting forward an unofficial 2.0% target over...
All eyes are on the upcoming release of U.S. inflation results for January following the release of Canadian CPI data. 7 a.m. EST - Core Canadian inflation for January fell by 0.4% month-over-month, lower than expectations for a 0.1% drop. Year-over-year, core CPI moderated to 1.9%, against expectations...
Forecasters are scaling back expectations for growth and inflation in the first half of 2009, as an ongoing weak economy weighs heavily on prospects for the timing of a recovery. According to the Philadelphia Fed's survey of forecasters, economists expect Q1 GDP will decline 5.2% compared to a previous...
Only four of the 2008 voting members from the Federal Reserve's monetary policy board will vote in the first meeting of 2009. The lineup has lost some of its chief inflation-fighters and added some more dovish members. Dovish voters on the Federal Open Market Committee emphasize the need for massive...