The Federal Open Market Committee issued its latest statement today. The vote to keep the benchmark interest rate unchanged in the target range of 1.00-1.25% was unanimous. The key points from the statement are: Economic activity was upgraded from moderate growth to solid growth; Inflation assessment altered to indicate that core inflation remains soft instead…
The following is a summary of the latest indices relating to U.K. house prices.
Halifax: 3.3% YoY (May 2017)
Nationwide: 2.1% YoY (May 2017)
Rightmove: 3.0% YoY (May 2017)
ONS: 5.6% YoY (April 2017)
The Royal Institute of Chartered Surveyors reported a balance of +17% from its members in May (+22% in April)
Duis volutpat sollicitudin ante ac hendrerit. Proin tellus mi, eleifend non venenatis sit amet, ullamcorper at ligula. Nunc molestie dolor nec magna fermentum in pharetra orci mollis.