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NEW HOME SALES SLIP, BUT REMAIN ELEVATED

“Regardless of the type of relationship that emerges between the European Union and the United Kingdom, it is of utmost importance that the integrity of the single market is respected. Any outcome should ensure that all participants are subject to the same rules.”...

HOMEBUILDERS INDEX SURGES HIGHER

“As household incomes rise, builders in many markets across the nation are reporting they are seeing more serious buyers, a positive sign that the housing market continues to move forward.” NAHB Chairman Ed Brady, 9/19/16  FAST FACTS ABOUT TODAY’S ECONOMIC DATA: NAHB...

MARKETS MUST NOW DIGEST WANING STIMULUS

“If 1.6 percent inflation and 4.9 percent unemployment were all you knew about the economy, would you consider a policy setting one tick above the zero lower bound still appropriate?” – Dennis Lockhart, Federal Reserve Bank of Atlanta President, 9/12/16 FAST...

EXCUSES, EXCUSES

“While inflation risks might not be fashionable, I think we should pay close attention when our policy benchmarks move away from our current policy rate.” Jeffrey Lacker, Federal Reserve Bank of Richmond President, 9/2/16 FAST FACTS ABOUT TODAY’S ECONOMIC DATA: S. ISM...
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