التسجيل
The Cefa Brief

تعليقاتاستنتاجاتوجهات نظرشروح

الأرشيف

المطابق لهذه المرشّحات: 5 مواد

المواد

  • استنتاجEconomic Security

    Two thirds of the M2 increase since 2020 arrived in a single year

    The money stock is 4.26 trillion dollars larger than in 2020. Of that, 2.84 trillion came between 2020 and 2021, and the four years since have added half as much again, including the only contraction in the window.

  • استنتاجEconomic Security

    The policy rate has given back less than a fifth of its climb

    On annual averages the federal funds rate rose 5.06 percentage points from its 2021 low to its 2024 peak, then fell 0.93. Everything priced against the policy rate is still being priced against most of the increase.

  • استنتاجHousing & Urban Development

    Two years of decline have taken the mortgage rate 0.21 points off its peak

    The thirty-year fixed rate peaked at 6.81 per cent in 2023, and the two annual readings since are 6.72 and 6.6. The federal funds rate ended those same two years 0.81 points lower, nearly four times as far, though it rose before it fell.

  • استنتاجMacroeconomics & Markets

    The dollar index gained 7.6 points in one year and 2.0 in the three that followed

    The broad index fell to 113.1 in 2021, rose to 120.7 in 2022, and has since read 120.3, 122.9 and 122.7. Each annual point is the average of that year's observations, so a flat line between two years does not establish a quiet year inside either of them.

  • استنتاجHousing & Urban Development

    Housing units authorised by permit fell in every year after 2021 and are now below their 2020 reading

    The series peaked at a monthly average of 1734 thousand units in 2021 and has come down in each of the four years since, to 1431 in 2025. The thirty-year mortgage rate reached its own high in 2023 and has eased in the two years since, and authorisations fell in both of them.