Soft September Jobs Report May Give Fed Reason to Pause Rate Hikes, Slowing Ascent of Mortgage Rates
Takeaway: A soft jobs report may finally offer some relief for mortgage rates, or at least help to stem the march upward. Jobs data is
Chen Zhao is the head of economics research, where she produces research on the housing market for public and internal audiences.
Previously, she was an executive director leading housing finance and financial markets research at the JPMorgan Chase Institute. Prior to joining JPMCI, Chen was an economics consultant at Analysis Group, Inc., where she worked on financial litigation cases and led teams conducting health economics and outcomes research on behalf of pharmaceutical companies.
While in graduate school, Chen was with the Center for Economic Studies and the Social Economic and Housing Statistics Division at the US Census Bureau, where she conducted applied microeconomics research using large scale restricted-access linked survey-administrative data. She started her career at the White House Council of Economic Advisers, where she focused on labor and health economics.
Takeaway: A soft jobs report may finally offer some relief for mortgage rates, or at least help to stem the march upward. Jobs data is
In A Nutshell: Mortgage rates have shot up as a number of economic concerns come together in a perfect storm. There’s little on the horizon to
In A Nutshell: A light economic calendar this week means the focus will be on digesting last week’s Fed meeting, and on any geopolitical developments.
Takeaway: The Fed hiked by 25 bps as expected and officially projected another hike this year, but Chairman Warsh’s remarks suggest more may be on
In A Nutshell: After last week’s inflation data, markets are almost certain a Fed rate hike is coming this Wednesday, but the economic case is
Takeaway: A higher-than-expected inflation report has markets anticipating a Fed rate hike next Wednesday, but there’s more room than usual for markets to be surprised.
Takeaway: A soft jobs report may finally offer some relief for mortgage rates, or at least help to stem the march upward. Jobs data is
In A Nutshell: Mortgage rates have shot up as a number of economic concerns come together in a perfect storm. There’s little on the horizon to
In A Nutshell: A light economic calendar this week means the focus will be on digesting last week’s Fed meeting, and on any geopolitical developments.
Takeaway: The Fed hiked by 25 bps as expected and officially projected another hike this year, but Chairman Warsh’s remarks suggest more may be on
In A Nutshell: After last week’s inflation data, markets are almost certain a Fed rate hike is coming this Wednesday, but the economic case is
Takeaway: A higher-than-expected inflation report has markets anticipating a Fed rate hike next Wednesday, but there’s more room than usual for markets to be surprised.