| Indicator | Last Report | Forecast | Actual |
|---|---|---|---|
| Initial Jobless Claims | 2/4: 234,000 | 2/11: 245,000 | 2/11: 239,000 |
| Continuing Claims | 1/28: 2.079M | 2/4: 2.060M | 2/4: 2.076M |
| Housing Starts | Dec.: 1.279M | Jan.: 1.222M | Jan.: 1.246M |
| Building Permits | Dec.: 1.228M | Jan.: 1.230M | Jan.: 1.285M |
| Philly Fed Manufacturing | Jan.: 23.6 | Feb.: 18.0 | Feb.: 43.3 |
Fed Chair Kevin Warsh took a hawkish tone on inflation in his Jackson Hole speech, sparking a selloff in short-term UST yields.
With the Fed chair focusing on inflation, the markets have increased the odds of a September rate hike.
The administration is seeking industry feedback on funding mechanisms and the use of public-private partnerships in spaceport development.
The revised bill removes provisions creating state-backed credit enhancement for affordable housing bonds, calling instead for a study of housing finance tools.
Moody's Ratings cited the increasing likelihood the federal government won't continue leasing the current Washington, D.C., headquarters for NASA.
California's fall issuance plans bring a big name into the market at a time when high muni issuance levels have withstood higher interest rates.
