MarketMinute | How Much Did Mortgage Application Volume Jump?
A recent Fed survey showed the economy held steady in early January. Some regions experienced modest declines in activity. Prices for wholesale goods and services fell sharply in December, providing another sign that inflation is beginning to ease, though still high. December's retail sales fell by the most in a year, and business equipment production slumped, indicating the economy may be losing momentum. Homebuilder sentiment posted an unexpected gain in January, rising for the first time in 12...
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