September US Existing Home Sales at 3.99 Million, Topping Estimate
US existing home sales rose 1.5% in September to a seasonally adjusted annual rate of 3.99 million, exceeding the 3.95 million estimate.
3 h ago7 min read
Fed's Hammack urges immediate rate hikes, warns delay causes harm
Hammack repeats call for rate hikes as inflation stays near 3% and financial conditions seen as not restrictive.
28/08/2026 13:212 min read
Hammack delivered his remarks on the prior day, so this report represents a reiteration. Warsh is scheduled to address an audience at 11:45 a.m. Eastern Time.
- The rate of inflation is projected to finish the year at approximately three percent.
- The official does not perceive monetary conditions as being restrictive.
- One aspect of the role involves explaining Federal Reserve matters to the public.
- The trust in the Fed rests on its ability to fulfill both aspects of its dual mandate.
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