Mortgage purchase apps, consumer sentiment, bank loans, Fed Atlanta GDP nowcast

August 13, 2022 at 12:40 PM EDT

Down from the post-Covid bounce but not in any kind of collapse: More evidence we had a soft landing, cushioned by the rate hikes that supported personal income. And no sign the rate hikes have slowed lending. If anything looks like they support it: Back to pre-Covid levels of GDP growth: The post Mortgage purchase apps, consumer sentiment, bank loans, Fed Atlanta GDP nowcast appeared first on Mosler Economics / Modern Monetary Theory .

Down from the post-Covid bounce but not in any kind of collapse:

More evidence we had a soft landing, cushioned by the rate hikes that supported personal income.

And no sign the rate hikes have slowed lending. If anything looks like they support it:

Back to pre-Covid levels of GDP growth:

The post Mortgage purchase apps, consumer sentiment, bank loans, Fed Atlanta GDP nowcast appeared first on Mosler Economics / Modern Monetary Theory.