Today’s Cooler-Than-Expected Inflation Report Will Push Down Mortgage Rates
It’s hot outside, but inflation is cooling. June’s CPI report is good news for the housing market, as it means the Fed is very likely
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.
It’s hot outside, but inflation is cooling. June’s CPI report is good news for the housing market, as it means the Fed is very likely
Continued cooling in the labor market, as shown in the June jobs report, points to a September rate cut from the Fed as long as
In their June 12 meeting, the Fed held interest rates steady, and projected one rate cut before the end of the year. Markets had expected
The May inflation report shows that inflation is continuing to cool, which could be the nudge the Fed needs to set the stage for impending
The stronger-than-expected May jobs report will reverse mortgage-rate declines from the last two weeks. But ultimately, the Fed’s decision about interest rates will be decided
The April CPI report came in just a tad softer than expected, which means mortgage rates should come down slightly and leaves open the possibility
It’s hot outside, but inflation is cooling. June’s CPI report is good news for the housing market, as it means the Fed is very likely
Continued cooling in the labor market, as shown in the June jobs report, points to a September rate cut from the Fed as long as
In their June 12 meeting, the Fed held interest rates steady, and projected one rate cut before the end of the year. Markets had expected
The May inflation report shows that inflation is continuing to cool, which could be the nudge the Fed needs to set the stage for impending
The stronger-than-expected May jobs report will reverse mortgage-rate declines from the last two weeks. But ultimately, the Fed’s decision about interest rates will be decided
The April CPI report came in just a tad softer than expected, which means mortgage rates should come down slightly and leaves open the possibility