Member Services Desk
Weekly Market Update
We are pleased to announce the launch of our Member Services Desk (MSD) Weekly Market Update. In response to member feedback and in an effort to provide our membership with valuable insight to help further your business goals, the MSD Weekly Market Update is designed to provide insight into current market trends and news and will be released every Friday.
If you would like to receive the MSD Weekly Market Update in .pdf format (includes FHLBNY rate charts) or to discuss this content further, please email the MSD Team.
Recent Weekly Market Updates
With the BLS update on the employment situation in the rear-view mirror, markets will contend with a busy data calendar this week. The marquee release likely will be the BLS’ consumer prices report…
Having weathered the Federal Open Market Committee meeting and digested the latest Summary of Economic Projections, market participants will enjoy a well-deserved rest as they prepare to enjoy traditional yearend holidays. The few soundings on the economy scheduled for release likely will be positive…
The Federal Open Market Committee (FOMC) is widely expected to lower the federal funds rate target range by another 25 bps to 4¼% to 4½% at the December 18th meeting. The communiqué likely will reiterate that recent indicators suggest that activity has continued to expand at a solid pace, labor market conditions have eased since earlier in the year, and the unemployment rate has moved up but remains low…
With the Bureau of Labor Statistics’ update on the employment situation in November in the rear-view mirror, the attentions of market participants will turn to the inflation side of the Federal Reserve’s dual mandate. Progress in returning closely followed consumer inflation gauges to the desired 2% target probably stalled last month, leaving the probability of a 25-bps cut in the federal funds rate at the upcoming Federal Open Market Committee little changed from that following the November jobs report…
Market participants will contend with a crowded economic release calendar ahead of Thanksgiving Day. Housing data is expected to be subdued, with both price gains and new home purchases decelerating during their respective reporting periods…
Market participants will face a comparatively light economic release calendar in the upcoming week. Updates on housing activity are expected to be positive on balance…
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