New Year, New Dollar

Wall Street is ringing in the new year by reading some year-end economic reports.

Here’s how things are looking: 

• The average 30-year mortgage dropped to 6.15% in December (down from 7% last January), reflecting multiple cuts made by the Federal Reserve 
• Jobless benefit claims dropped below 200,000 in December, a positive sign after unemployment ticked up to 4.6% in November
• The greenback is mounting an early 2026 comeback after the dollar value dipped more than 9% in 2025 compared to other currencies

There’s more to come. The Bureau of Labor Statistics will release its December Jobs Report on Friday, and President Trump has said he will announce his pick to replace Federal Reserve Chairman Jerome Powell later this month. Powell’s term ends in May. 

ETERNAL PERSPECTIVE
Regardless of whether the broader economy is struggling or thriving, Christians should seek to give generously of their time, talents, and resources to those in greater need. Reach out to your local church to see where help is needed.

“Don’t neglect to do what is good and to share, for God is pleased with such sacrifices.”
Hebrews 13:16 (CSB) (read full passage)