Member Services Desk
Weekly Market Update
We are pleased to announce the launch of our Member Services Desk (MSD) Weekly Market Update. In response to member feedback and in an effort to provide our membership with valuable insight to help further your business goals, the MSD Weekly Market Update is designed to provide insight into current market trends and news and will be released every Friday.
If you would like to receive the MSD Weekly Market Update in .pdf format (includes FHLBNY rate charts) or to discuss this content further, please email the MSD Team.
Recent Weekly Market Updates
Market participants will face a calendar of mixed economic releases this coming week. Both new and existing home sales are expected to have retreated from their reported February levels. Commercial aircraft bookings likely fueled the largest increase in durable goods bookings since last July. Weekly unemployment insurance figures probably remained solid…
The economic calendar will be busy this coming week. Updates on retail sales, industrial production, and new residential construction activity in March will allow economists to refresh projections for Q1 real GDP growth…
Having weathered the Bureau of Labor Statistics’ update on labor-market conditions last month, the attention of market participants will turn once again to the inflation side of the Federal Reserve’s dual mandate…
The markets will steer their focus to the labor side of the Federal Reserve’s dual mandate this week when the Bureau of Labor Statistics (BLS) releases its April 4th update on the employment situation for March. Buoyed by a favorable swing in weather conditions between establishment survey canvassing periods, net hiring probably quickened during the reference period, with nonagricultural establishments adding approximately 225K net new jobs, after a 151K increase in January..
Markets will face busy and decidedly mixed data releases in the next week. New home sales likely rebounded, but prices received by sellers in major metro areas probably slipped at the beginning of 2025. Economic uncertainty has likely weighed heavily on consumers’ spirits in March…
The Federal Open Market Committee (FOMC) meeting will highlight the coming week. The FOMC is expected to leave the federal funds rate target range unaltered at 4¼% to 4½%. Given recent data, the post-meeting communiqué may note that the economic activity pace has slowed from that of Q4 but that the unemployment rate remains low and labor market conditions solid…
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