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An overwhelming majority of homes in the U.S. are overvalued as steep mortgage rates and an ongoing housing shortage push the price of real estate even higher.
The Federal Reserve Bank of Chicago recently released its May agricultural market newsletter, and it included data on agricultural conditions in Iowa. Nationwide Senior Economist Ben Ayers said the report highlighted some persisting struggles that Iowa farmers are dealing with. While this tighter ag economy will likely cause producers to hold back on investments like […]
U.S. banks reported renewed weakening in demand for industrial loans and a decline in household demand for credit in the first quarter of the year, according to a Federal Reserve survey of senior... -May 06, 2024 at 03:33 pm EDT - MarketScreener
Inflation remained stubbornly high last month, but it hasn’t stopped Americans from spending.
The US central bank's favored measure of inflation accelerated last month, according to government data published Friday, pushing back the chances of an interest rate cut this summer.