Jovani Martinez
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The Federal Open Market Committee (FOMC) is scheduled to meet Sep 20 at 2:30 PM ET / Sep21 at 2:30 SGT. The main focus of the meeting will be on interest rates.
Comments from officials, including hawks, suggest a willingness to pause again in September (as they did in June) but leave the door open for further rate hikes at the November or December FOMC meeting.
Given this situation economists are universally expecting the Fed funds target rate range to be left at 5.25-5.5% with markets not prici...
Comments from officials, including hawks, suggest a willingness to pause again in September (as they did in June) but leave the door open for further rate hikes at the November or December FOMC meeting.
Given this situation economists are universally expecting the Fed funds target rate range to be left at 5.25-5.5% with markets not prici...

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Jovani Martinez
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ColumnsWall Street Today | US Housing Starts Drop to Lowest Since 2020 While Permits Rise
MACRO
US Housing Starts Drop to Lowest Since 2020 While Permits Rise
New US home construction dropped in August to the lowest level since June 2020, highlighting the toll of declining housing affordability.
According to government data released Tuesday, residential starts decreased 11.3% to a 1.28 million annualized rate last month. A sharp decline in multifamily construction largely drove the drop, while applicati...
US Housing Starts Drop to Lowest Since 2020 While Permits Rise
New US home construction dropped in August to the lowest level since June 2020, highlighting the toll of declining housing affordability.
According to government data released Tuesday, residential starts decreased 11.3% to a 1.28 million annualized rate last month. A sharp decline in multifamily construction largely drove the drop, while applicati...



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