The Monday Mix: March 20 – 26, 2023

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Top-of-mind economic headlines as we start the week:

The Federal Reserve raised its key interest rate another 0.25 points to fight inflation, despite turmoil in the banking sector.

US regulators are considering additional support for banks, including expanding the new emergency lending measures.

US existing home sales surged 14.5% in February, after 12 months of declines; but the median US house price fell slightly for the first time in nearly 12 years.

Just 34 US companies have sold stock to the public via IPOs so far in 2023, down 56% from the same time in 2022 (which was much lower than 2021).

The European Union launched rules to protect consumers from false claims related to ESG and impact capabilities (aka “greenwashing”).

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