Despite the dissent of 3 of its voting members, the FOMC keeps its interest rate target steady once again. Meanwhile, tight inventories clip home sales during August.
Smaller Q2 GDP Estimate, Perhaps Improvement in July: What We Learned During the Week of August 22 – 26
Even with a lower estimate for Q2 GDP, economic activity appears to have picked up in July.
Perhaps Decent Economic Growth in Q2: What We Learned During the Week of July 18 – 22
A series of economic data released last week finds moderate economic growth during the tail end of Q2.
