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Saturday’s: 9AM 1590 AM/97.9 FM KVTA
Sunday’s: 7AM K-EARTH 101 FM
It will come as no surprise if the Federal Reserve has an announcement to make when its latest policy meeting ends Wednesday: That it’s ready to begin paring its enormous $4.5 trillion portfolio containing Treasurys and mortgage bonds. The Fed expanded its bond holdings — the major assets on its balance sheet — in the
READ MOREU.S. central bank is poised to begin a two-day meeting. The Fed could announce plans to begin unwinding its $4.2 trillion portfolio of Treasurys and mortgage-backed securities.
READ MOREU.S. housing starts totaled 1.18 million in July, slightly above the expected 1.175 million. Meanwhile, U.S. import prices posted their biggest gain in seven months.
READ MOREInitial Weekly Jobless Claims 284,000 vs. estimates of 300,000. Continuing Jobless Claims 1.944M vs. estimates of 1.985M.
READ MOREAugust Headline CPI YOY 1.9% vs. estimates of 1.8% Core CPI YOY 1.7% vs. estimates of 1.6%. CPI MOM 0.4% vs. estimates of 0.3%. Core CPI 0.2% vs estimates of 0.2%. Inflation is a little higher than expected and a frogs-hair away from 2.0%, which is a slight negative for pricing.
READ MOREBOE Holds Interest Rates Unchanged in 7-2 Vote. The Bank of England ramped up its hawkish rhetoric Thursday, warning that an interest-rate hike could happen within months if the economy performs as officials expect.
READ MOREAugust Producer Price Index MOM 0.2% vs. estimates of 0.3% with Core PPI MOM 0.1% vs. estimates of 0.2%. The PPI YOY 2.4% vs. estimates of 2.5% with Core PPI YOY 2.0% vs. estimates of 2.1%. This is a smidge lighter than expectations, but Core YOY did move up from July’s reading of 1.8% to August’s reading of
READ MOREAs the number of complaints continue to rise after credit reporting agency Equifax’s massive hack last week, the scale and scope of the breach is troubling cyber security experts who warn nearly every adult in the United States could have been affected.
READ MOREThe government on Thursday said productivity increased at a 1.5% annual pace in the spring, up from an initial 0.9% estimate. Productivity rises when workers supply more goods and services in the same amount of time. The upward revision stemmed entirely from workers producing more goods and services. Output was revised up to show a
READ MOREThe Institute for Supply Management said its non-manufacturing index rose to 55.3% last month from 53.9% in July, which was the lowest reading in the past year. A similar ISM survey of manufacturing firms also showed the fastest growth in six years.
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