Housing

While claims are dropping slowly, levels remain higher than before the pandemic and could go up, according to analysts.

Data released on Tuesday suggest the economy remains weakened by the impact of the coronavirus.

Fed researchers look at Japan's experience with YCC.

Federal Reserve Chair Jerome Powell told Congress the Fed will "keep its foot" on the gas pedal until the pandemic ends.

Fed chair says recovery has started but will take time and follow "uncertain" path.

Numbers in the fall will offer clearer picture of where economy is.

While the number of people filing for unemployment dropped to 4.4 million, there are now 26 million Americans without work and economists expect the unemployment rate to hit 20%.

Existing home sales fell 8.5% last month as the Philadelphia Fed said its indexes fell to record lows in April.

Jobless claims fell in the latest week though now 22 million Americans filed for unemployment since late March.

The housing market may turn out to be a big factor in how fast the U.S. economy recovers.

Wednesday’s economic data were not as bad as projected, but included just the beginning of the effects of the coronavirus on the economy.

Consumer confidence dropped in March as the economy shut down to prevent the spread of the coronavirus, but economists expected a larger decline.

New home sales were up 14.3% from a year ago, despite a 4.4% decline in February to a seasonally adjusted annual rate of 765,000, the Commerce Department reported Tuesday.

With a significant decline in new infections in China, positive news may be ahead, one expert says.

S&P Global Ratings is postponing a March 31 forum on public housing bonds due to concerns about the outbreak of COVID-19.

Dan Scholl, head of municipal fixed income at Wilmington Trust, views munis as inefficient and retail oriented. However, he maintains credit has never been better. In managing $5 billion of assets in high-grade SMAs, he finds value in housing, healthcare and IDBs. John Hallacy hosts.

GDP, jobless claims, pending homes sales rise while durable goods orders decline.

Little hint as to direction of future monetary policy moves.

The FOMC post-meeting statement was much like the previous one, with just a minor tweak, as the fed funds target was kept at a range of 1.50% to 1.75%.

Consumers remain confident, as the consumer confidence index rose to 131.6 in January from an upwardly revised 128.2 in December, the Conference Board reported Tuesday.