Noticias Financieras – UP2DATE News de Advise Financial
13 de December de 2024
Buscando un Asesor Financiero Fiduciario para brindar asesoramiento estratégico| Hourly Financial Advice
13 de December de 2024
In UP2DATE News you will find the main Financial and Economic News for the week ending December 12th, 2024.
Consumer prices post largest rise in 7 months
In November, US consumer prices increased, primarily due to shelter and food costs, though some areas showed moderation. The FED is likely to cut interest rates to support the labor market.
Source: Reuters
Wholesale prices rose 0.4%
Wholesale prices unexpectedly rose in November, mainly due to higher food costs, especially eggs, raising concerns about persistent inflation despite more moderate core inflation measures.
Source: CNBC
US Deficit Widens in November
The US budget deficit increased by 19% in the first two months of the fiscal year due to higher spending and lower tax revenue. This overall trend is concerning.
Source: Bloomberg
Mortgage demand surges
Mortgage rates fell for the third week in a row, boosting refinance applications, while purchase applications dipped slightly. Overall, mortgage demand increased by 5.4% week-over-week.
Source: CNBC
Mortgage rates dip for third consecutive week
Mortgage rates have fallen for the third week in a row, now at 6.6% for 30-year and 5.84% for 15-year loans. This decline, along with better economic conditions, has boosted homebuyer demand.
Source: Yahoo Finances
Jobless benefits rise to highest level in 2 months
US jobless claims have increased to a two-month high, indicating a cooling labor market. Although still historically low, this trend is consistent with recent economic data.
Source: ApNews
In UP2DATE News from Advise Financial you will find the main financial and financial news for all the weeks
Note: does not represent advice or offer of services, only for educational purposes.
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