by Calculated Risk on 9/20/2022 09:00:00 PM
o At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
o At 10:00 AM, Existing Home Sales for August from the National Association of Realtors (NAR). The consensus is for 4.70 million SAAR, down from 4.81 million in July.
o At 2:00 PM, FOMC Meeting Announcement. The FOMC is expected to raise the Fed Funds rate by 75bp at this meeting.
o At 2:00 PM, FOMC Forecasts This will include the Federal Open Market Committee (FOMC) participants’ projections of the appropriate target federal funds rate along with the quarterly economic projections.
o At 2:30 PM, Fed Chair Jerome Powell holds a press briefing following the FOMC announcement.
On COVID (focus on hospitalizations and deaths):
? Goal met.
Click on graph for larger image.
This graph shows the daily (columns) and 7-day average (line) of deaths reported.