Free Markets, Free People

Economic Statistics for 18 Nov 15

Today’s release of the minutes of the October FOMC meeting hint strongly that an interest rate hike may be in the cards for December.

The Atlanta Fed reports that annual inflation expectations for business were unchanged for November at 1.8%.

Housing starts fell sharply in October, down -11.0% to a 1.060 million annual rate.

The MBA reports that mortgage applications rose 6.2% last week, with purchases up 12.0% and refis up 2.0%.

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