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Economic Statistics for 22 Oct 14

Consumer prices rose 0.1% in September at both the headline and core rates of the CPI. On a year-over-year basis, the CPI is up 1.7%, again at both the core and headline levels.

The MBA reports that, thanks to falling lending rates, mortgage applications rose a sharp 11.6% last week, with purchases down -5.0% but refis up 23.0%.

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One Response to Economic Statistics for 22 Oct 14

  • What underwriters are doing at the moment is they’re generally providing quotes either excluding or including Ebola — and it’s much more expensive if Ebola is included,” said Gary Flynn, an event cancellation broker at Jardine Lloyd Thompson Group Plc in London.

    While Ebola has killed more than 4,500 people in West Africa, and other diseases such as influenza are arguably more likely to cause measurable harm in the West, the arrival of a few isolated Ebola cases in Western countries has focused their insurers’ minds on the virus’s potential to cause damage.