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The U.S. NAHB Housing Market Index for August was 35, below the expected 33 and the previous reading of 34.
2026-08-17
The U.S. NAHB Housing Market Index for August was 35, below the expected 33 and the previous reading of 34.
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2026-08-17
The U.S. New York Fed Manufacturing Prices Get Index for August was 22.7, compared to 27.6 in the previous month.
The U.S. New York Fed Manufacturing Prices Get Index for August was 22.7, compared to 27.6 in the previous month.
2026-08-17
Hoisington data show the Fed's Treasury holdings rose about $290bn from December 2025 to end-June 2026, a seven-month increase approaching the roughly $320bn seen during the pandemic; total holdings are at a record high. The rise partly reflects rese
Hoisington data show the Fed's Treasury holdings rose about $290bn from December 2025 to end-June 2026, a seven-month increase approaching the roughly $320bn seen during the pandemic; total holdings are at a record high. The rise partly reflects reserve-management purchases to keep reserves ample and partly reinvestment of maturing MBS principal — the latter reshapes asset mix rather than equivalently expanding the balance sheet. The NY Fed began reserve-management purchases at $40bn/month and trimmed them to $10bn/month by summer. NY Fed research concludes these buys have raised demand for short-term debt, eased repo-market stress and marginally lowered short-end funding costs, but are far smaller than 2020 QE, when the Fed bought nearly $2trn of medium- and long-term Treasures. The flow indicates only that runoff has ended and the Fed is again a material buyer of short-dated debt; it does not constitute QE or yield-curve control.
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