New Labor Market Data Pushes Fed Towards Aggressive Inflation Stance
New labor market data invoked mixed feelings regarding record low unemployment and steadily high inflation.
November 2022 Markets Highlight Tapering Inflation Ahead of the New Year
After a long year of rising inflationary pressures, November 2022 markets now highlight change of pace heading into 2023.
November 2022 Fed Meeting Leads to Latest Interest Rate Increases
After the November 2022 Fed meeting, investors raised their outlook for monetary policy tightening heading into 2023.
Mortgage Rates Hit 2007 Highs as the Markets Stay Volatile
In another extremely volatile week, the latest news saw mortgage rates hit 2007 highs as the UK passed new tax cuts.
August 2022 Employment Data Reveals New Labor Market Results
This week saw the release of the highly anticipated August 2022 Employment data. Overall, the report displayed mixed results for the labor market.
The Latest Core PCE Meets Expectations as Mortgage Rates Decline
Although the latest core PCE met expectations, investors grow increasingly concerned with slowing global economic growth.
GDP Reading Fell to Lowest Level Since Spring of 2020
In a light week of economic reporting, the major news encompassed the latest GDP reading, which fell to the lowest level since spring 2020.
Powell Tightened Monetary Policy, Now Catching Investors by Surprise
This week, mortgage rates continued their shockingly swift while Powell tightened monetary policy further.