Economic & Market Watch

In the News

Economy

• Fannie Mae and Freddie Mac grew their portfolios by over 25% in five months, reaching $234 billion, sparking speculation that they’re trying to lower lending rates and increase profits before a possible public offering.
• Analysts warn that the upcoming employment and inflation releases may offer only limited clarity due to lingering disruptions from the 2025 federal government shutdown, leaving investors uncertain on trend direction.

Markets

• West Texas Intermediate crude oil futures rose to above $57/barrel this morning amid supply concerns linked to escalating U.S.-Venezuela tensions, even as longer-term oversupply worries persist.
• The S&P 500 rose amid anticipation of significant economic data releases that could influence Federal Reserve policy expectations, with investors speculating that a weakening labor market will push the Fed to cut rates further.

Current Events

• The European Union imposed new sanctions targeting Russia’s “shadow fleet” of oil tankers and associated figures to pressure Moscow’s oil revenue streams tied to its war effort in Ukraine.
• Heightened U.S. pressure on Venezuela’s oil sector, including the seizure of a sanctioned tanker and threats of further maritime interdictions, contributed to reduced Venezuelan crude exports but is not expected to trigger a global supply crunch.

Meet the Team

CFC's economic research team—John Suter, Sam Kem and Antony Davies—share their expert, yet easily digestible, perspective on what you need to know.

Have feedback about the podcast? A topic you'd like the EMW team to cover? Get in touch at economicresearch@nrucfc.coop.

Source: U.S. Energy Information Administration, Trading Economics