EUR/USD
1.17349
0.069%
Gold
4742.98
-0.348%
Oil
93.665
3.311%
USD/JPY
159.392
0.059%
GBP/USD
1.34901
0.166%
GBP/JPY
215.026
0.225%
Real-time News
Federal Reserves Goolsby: This oil price shock is different from the 1970s.Federal Reserves Goolsby: Dont be surprised if consumer confidence deteriorates. The consumer confidence index, as a behavioral indicator, has certain flaws.Bank of England Governor Bailey: Banks have remained resilient.Federal Reserves Goolsby: As long as consumers remain strong, economic growth will also be strong.April 14th - According to a new report released by White House economists, the United States faces a shortage of at least 10 million single-family homes, a figure higher than previous estimates by the government and private sector. According to the latest annual "Presidents Economic Report" from the White House Council of Economic Advisers, "If single-family home construction and the growth in the stock of such homes had not declined significantly since 2008, but had continued at their historical pace, there would be 10 million or more single-family homes available today." Freddie Mac, a government-controlled company, stated in November 2024 that based on demand driven by population growth, the U.S. housing supply gap is 3.7 million units. The National Association of Realtors, in June 2021, estimated the housing gap at 5.5 million units based on trends over the past 20 years compared to the construction rate between 1968 and 2000. This report comes as policymakers in Washington are trying to demonstrate to voters that they are taking action on high housing prices. High housing costs are a key issue in the upcoming midterm elections, with affordability expected to be a central theme.
