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Housing Data in the Hot Seat

Mark Lieberman, Senior Economist — Fri, 18 Jul 2008 20:43:55 GMT

The economy shifts into "prepare-for-the-next-meeting-of-the-Federal-Open-Market-Committee" mode with the release next Wednesday of the Beige Book in what will otherwise be a week heavily weighted with housing data.

Pimco Executive: More Economic Pain Coming

Fri, 18 Jul 2008 16:36:41 GMT

Co-Chief Investment Officer and Co-chief Executive of Pimco Mohamed El-Erian sees more pain for the US economy.

Single-Family Home Construction Tumbles 5.3% in June

Thu, 17 Jul 2008 12:41:38 GMT

The Commerce Department also reported construction of multi-family units surged by 42.5% last month.

Jobless Claims Rise by 18,000 in Latest Week

Thu, 17 Jul 2008 12:32:00 GMT

The Labor Department reported Wednesday that the number of people filing new applications for unemployment insurance grew by 18,000 in the latest week.

Fed Minutes: Some Policymakers Called for a Rate Hike

Wed, 16 Jul 2008 18:23:11 GMT

The Federal Open Market Committee released minutes from its June meeting that suggest some policymakers called for a rate hike to curb inflation growth.

TEXT: FOMC on the Financial Markets, Housing Sector

Wed, 16 Jul 2008 18:06:02 GMT

The Federal Open Market Committee released minutes from its June meeting on Wednesday.

Consumer Prices Surge 1.1% in June

Wed, 16 Jul 2008 17:23:04 GMT

The Labor Department reported Wednesday that consumer prices jumped 1.1% in June.

Fed Chief: Fannie, Freddie in 'No Danger of Failing'

Wed, 16 Jul 2008 16:33:07 GMT

Federal Reserve Chairman Ben Bernanke told Congress on Wednesday that mortgage giants Freddie Mac and Fannie Mae are "in no danger of failing."

Fannie and Freddie: Perception and Reality

Mark Lieberman, Senior Economist — Tue, 15 Jul 2008 21:36:55 GMT

It is said the most dangerous place to be in Washington is between a politician and a TV camera. While that may be so, the rush to the cameras is nothing compared with the stampede of commentary and analysis on the crisis enveloping Fannie Mae and Freddie Mac.

Paulson: No Immediate Plans to Extend Help to Fannie, Freddie

Tue, 15 Jul 2008 18:39:08 GMT

Treasury Secretary Henry Paulson said Tuesday the Bush administration has no immediate plans to extend emergency loans to mortgage giants Freddie Mae and Freddie Mac or to purchase the stock of the two companies.