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Aug. Retail Sales Insights

Barron's on MSN · 3d

August Retail Sales Beat. Why It Won’t Be a ‘Game Changer’ for the Fed.

Spending rose at a faster clip than expected in August as American consumers once again proved their hardiness against softening economic conditions. Retail sales increased 0.1% in August from July, according to data released Tuesday by the Census Bureau.

Axios on MSN · 3d

Retail sales rise in August as consumers keep spending

Retail sales ticked up 0.1% in August as consumers pulled back on spending, the Commerce Department said on Tuesday. Why it matters: That consumers kept spending, albeit at a slower rate than earlier in the summer,

Seeking Alpha on MSN · 2d

August Retail Sales Insights: Strong eCommerce growth, but department stores suffer

In August, retail sales edged up by 0.1% from July, according to U.S. Census Bureau data released on Tuesday, defying expectations for a 0.3% M/M dip. This modest increase follows a revised 1.1% rise in July (up from an initially reported 1.

Sales, August and Mortgage Rates

Detroit News · 2d

Fed's long-awaited rate cut raises hopes for home, auto sales

The half-point reduction is expected to kick off a series of reductions extending into 2025, providing relief for prospective car and home buyers.

CNN on MSN · 1d

Mortgage rates drop to lowest since early February 2023 after Fed’s jumbo interest rate cut

Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month. But much more housing demand will likely be unleashed onto the market after the Federal Reserve finally cut interest rates this week for the first time in four years — and signaled more rate cuts by year’s end.

MarketWatch on MSN · 3d

Retail sales rise again and show U.S. economy still on solid ground ahead of Fed rate cut

Sales at retailers rose slightly in August in a sign of resilience among U.S. households, suggesting the U.S. economy is still on solid footing as the Federal Reserve plots to cut interest rates.

3don MSN

Will Tuesday's Retail Sales Data Affect the Fed's Decision?

Key Takeaways Retail sales increased by 0.1% in August, bucking economist projections of a decline but slowing down from July ...

Baton Rouge Business Report12h

See how the Fed rate cut is already impacting the area’s housing market

Pending sales and new listings of homes in the Baton Rouge area continued to decline in August. Still, there could be a light ...

14h

Fed blackout period lifts with Waller due on CNBC at 11:30

The U.S Federal Reserve's blackout period on public comment around meetings of the central bank lifts on Friday after a key ...

What's Up Newp3h

What does the recent Fed decision mean for the local real estate market?

By Tyler Bernadyn and curated by Cam Stewart, Senior Loan Officer, Shamrock CMG Home Loans You might have seen news about the ...

1don MSN

What does the Fed interest rate cut mean for mortgages and homebuyers?

Mortgage rates closely track the yield on a 10-year Treasury bond, or the amount paid to a bondholder annually. In the ...

1d

Something big is happening in the housing market: What Fed rate cuts will actually do

On Wednesday, Fed Chair Jerome Powell announced that the central bank would begin cutting Fed interest rates, starting with a ...

11h

Fed's Waller: Weak inflation data cemented case for 50 basis point cut

U.S. Federal Reserve Governor Christopher Waller, one of the more ardent voices in the central bank's battle to hike interest ...

1d

Bank of England Holds Rates Steady but Signals Gradual Easing

The British central bank has emphasized its intention to move steadily to ensure that inflation continues to slow.

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