Housing

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.

Just when everyone thought there would be little drama at this week’s Federal Open Market Committee meeting, the coronavirus has infected the broader markets. Experts still say monetary policy will be immune for now.

If Judy Shelton, who advocates for lower rates, wins confirmation to the Federal Reserve Board of Governors, President Trump may have his choice to replace Chairman Jerome Powell.

With the phase one trade deal with China finally signed, there should be less uncertainty, which will boost the economy. But will China adhere to the pact?

Bob Labes, a partner at Squire Patton Boggs, explores the growth of multifamily housing bonds, private activity bond caps, the RAD program and other dynamics. Paul Burton hosts.

New home sales rose to 719,000 in November, from a downwardly revised 710,000 pace in October, first reported as a 733,000 pace, the Commerce Department said Monday.

The markets suggest investors won't react to the impeachment of President Trump, while a mixed bag of indicators say the economy will continue growing at a moderate pace.