Wednesday: Retail Sales, FOMC Meeting, Homebuilder Confidence

Here is my FOMC
Preview

Wednesday:
• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will
release the results for the mortgage purchase applications
index
.

• At 8:30 AM, Retail sales for August will be released.
�The consensus is for a 1.0% increase in retail sales.

• At 10:00 AM, The September NAHB homebuilder survey. The
consensus is for a reading of  78, unchanged from 78 in August. Any
number above 50 indicates that more builders view sales conditions
as good than poor.

• At 2:00 PM, FOMC Meeting Announcement. No change to
policy is expected at this meeting.

• 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.

• At 2:30 PM, Fed Chair Jerome Powell holds a press
briefing following the FOMC announcement.
Source: FS – All – Real Estate News 2
Wednesday: Retail Sales, FOMC Meeting, Homebuilder
Confidence