
MarketMinute | Housing Inventory is Inching Up
New unemployment claims fell unexpectedly last week, suggesting that job growth likely remained solid in February. Minutes from their last meeting showed Fed members were more worried about the risk of cutting rates too soon than keeping them high too long. After 2 months of solid improvements, consumer sentiment hit a lull in February. Sentiment still ticked up slightly. Single-family production improved slightly in January, though a decline in multifamily construction pushed overall housing...
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