Shrinking sales and cooling prices may portend a soft economic landing to come.
Stock futures rose and Treasury yields declined as traders essentially wiped out the chance of another rate hike.
The contract rate on a 30-year fixed mortgage slid 25 basis points last week to 7.61%.
A still-robust labor market continues to support household spending.
The United Auto Workers strike could lead to an uptick in jobless claims.
A series of interest-rate hikes by the Fed and a surge in bond yields have skyrocketed mortgage rates.
Rates advanced last week to the highest level since 2000.
The resilient labor market has continued to power consumer spending in the face of high inflation.
States including New Mexico, Maryland and Minnesota have adopted some form of tax credit for families.
Data from private-sector sources will take the spotlight during the imminent government shutdown.
Please log back in before proceeding.
There was an error logging in. Please try again.
Congrats! You are now logged in. Your exam is being submitted.
