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Recent Articles

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Goldman Sachs: Fed raises interest rate by 25 basis points, and could deliver 25-bps hikes at next two meetings and hold top interest rates at 5.25% for rest of 2023; fewer hikes might be needed if weak business confidence hurts labor market too much

JPMorgan strategist says markets are in big trouble if economy doesn't fall into a recession in 2023; without a recession, worker wages will continue rising and force Fed to raise interest rates in H2, which means it can’t support lower rates in 2024

US 30-year fixed-rate mortgage averaged 6.13% as of Jan. 26, down from 6.15% a week ago; 30-year FRM averaged 3.55% a year ago: Freddie Mac

Commentary: Poll of economists downgrade 2023 global economic growth forecast to 2.1% from 2.3%; inflation and tighter monetary policy considered biggest threats, and nearly all major central banks expected to hold interest rates steady through end-2023

Forest2Market: Volatility defined much of global marketplaces in lumber, timber, related industries as 2022 wrapped up; North American lumber market still struggling against inflationary pressure and high interest rates, and taking toll on housing market

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