Free Markets, Free People

Economic Statistics for 8 Jul 15

The MBA reports that mortgage applications rose 4.6% last week, with purchases up 7.0% and refis up 3.0%.

Consumer credit rose by $16.1 billion in May, with revolving credit up a moderate $1.6 billion, following strong April and March gains.

The FOMC minutes from the last meeting indicates some members are edging towards rate hikes, but most want to see data improve.


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