Mortgage Rates Hit 6.06%, Sparking Refi and Purchase Demand
Freddie Mac’s lowest rate since 2022 boosted applications, but low-rate owners and sticky prices constrain supply.
2 min read
Economy
Macro indicators, policy shifts, and economic forces shaping growth and inflation.
China’s Forex Reserves Rise Modestly Despite Record Trade Surplus
China’s foreign exchange reserves grew slowly, reflecting shifting capital flows and reduced US dollar inflows.
1 min read
China Records $1.19 Trillion Trade Surplus Amid US Tensions
China's export growth to emerging markets offsets declining US demand, highlighting its trade resilience.
1 min read
UK GDP Beats Forecast in November as Production Rebounds
ONS data showed November GDP up 0.3% after October’s drop, partly reversing one-off weakness from a Jaguar Land Rover cyberattack.
2 min read
China Hits Record $1.18T Surplus as US Exports Slide
US-bound shipments fell sharply, but rising exports to EU and ASEAN kept China’s 2025 surplus at $1.18T.
2 min read
December CPI Holds at 2.7% as Necessities Climb
Grocery, gas, and electricity costs rose as shutdown data quirks complicate readings, keeping the Fed cautious.
2 min read
China Bets on Domestic Demand as Fiscal Strains Persist
Beijing is prioritizing consumption via services and social coverage, but local funding strains may slow follow-through.
2 min read
Jobs Slowdown Puts March Fed Rate Cut Back in Play
December job gains fell to 50,000, fueling spring cut hopes, but wage growth risks sticky inflation.
2 min read
Mixed Labor Signals Set Up Key Test in Jobs Report
ADP’s 41,000 December gain and lower JOLTS openings contrast with rising job-loss fears before Jan. 9.
2 min read