Chicago Fed

Personal Spending Modestly Positive. Inflation Contained.

Personal Income and Outlays (November 2012) Personal Income – Month/Month +0.6%. Previous was +0.0%. Consumer Spending – Month/Month  +0.4%. Previous was -0.2% PCE Price Index — M/M  -0.2% Core PCE price index – Month/Month  +0.0% Personal Income – Year/Year  +4. % Consumer Spending – Year/Year +3.5% PCE Price Index — Year/Year +1.4% Core PCE price

WeeklyBasis 11/20/06: Fed Wants Rate Hike Despite Housing Outlook

Fixed and ARM rates are down about .125% since last week’s inflation data came in well below expectations. Many thought this would cause a bigger rate drop in the bond market, but here’s why it’s not coming quite yet. Inflation data usually lags the market by about six months, so the slow economic growth back