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Mortgage Market Update - Consumer Inflation, Wholesale Inflation, & Challenges Remain for Job Seekers - 2/20/24
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Hey everyone, it's Larry Bailey. This is for the Week of February 12, 2024, in Review:
Wholesale and consumer inflation were both hotter than expected in January. There was also a pullback in new home construction, though home builders are feeling confident about the year ahead. Here are last week’s headlines:
- Consumer Inflation Above Forecasts
- Hot Wholesale Inflation a Surprise
- Home Builder Confidence at 6-Month High
- Home Construction Slowed in January
- Retail Sales Tumble to Start the Year
- Challenges Remain for Job Seekers
00:00 Introduction
02:18 Wholesale Inflation
05:53 Fed Funds Rate
08:16 Home Construction
10:08 Retail Sales
12:00 Subscribe
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