by | Nov 14, 2023 | Consumer, Economy, Industry News, Latest News, National, News, Premier |
Inflation stagnated in October, following a summer of increases. After the recent pause in rate hikes from the Fed, this reading could signal another pause at the next Fed meeting, and an overall end to rate hikes in the near future. The Consumer Price Index saw no...
by | Nov 14, 2023 | Agents, Brokers, Economy, Industry News, Latest News, Lead Story, News, Premier |
At an International Monetary Fund research conference held Nov. 9 in Washington, D.C., Federal Reserve Chair Jerome Powell warned that while progress was being made to curb inflation, there was a possibility that more rate hikes could be in the offing—which, of...
by Beth McGuire | Nov 3, 2023 | Agents, Brokers, Economy, Industry News, Latest News, National, News, Premier |
Total nonfarm payroll growth increased by 150,000 in October, and the unemployment rate changed little, increasing 3.9% over last month’s 3.8%, according to the latest U.S. Bureau of Labor Statistics (BLS) report released Friday. The numbers fell short of economists’...
by | Nov 1, 2023 | Economy, Industry News, Latest News, Lead Story, National, News, Premier |
Interest rates will not see a hike, nor any decrease, this week, according to the latest press conference from the Federal Reserve’s Federal Open Market Committee (FOMC). The official statement from the FOMC read: “The Committee seeks to achieve maximum employment and...
by | Nov 1, 2023 | Consumer, Economy, Industry News, Latest News, National, News, Premier |
Consumer confidence fell for the third month in a row, although at a smaller rate, from 104.3 in September to 102.6 in October, according to the latest data from The Conference Board. “Consumer confidence fell again in October 2023, marking three consecutive months...
by | Oct 27, 2023 | Consumer, Economy, Industry News, Latest News, National, News, Premier |
Consumer sentiment dropped 6% in October, according to data from the University of Michigan. “Consumer sentiment confirmed its early-month reading, falling back about 6% this October following two consecutive months of very little change. This decline was driven in...