Latest Jobs Data Makes March Rate Cut Slightly Less Likely
A look below the surface reveals a less-hot picture of the late-2023 labor market than the hot December jobs headline suggests. The latest jobs report
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.
A look below the surface reveals a less-hot picture of the late-2023 labor market than the hot December jobs headline suggests. The latest jobs report
The Fed’s forecast that it will cut interest rates three times in 2024, up from a previous projection of two times, is already helping with
Serious homebuyers should be on the lookout for a good time to lock in a lower mortgage rate–and now could be that time. The October
The latest labor-market report closes out a week of good news for mortgage rates. The October jobs report shows slower-than-expected growth in the labor market,
The U.S. treasury announced they’re going to issue less long-term debt than expected and the Fed held interest rates steady. Those two events brought rates
When the 10-year treasury yield increases, mortgage rates increase. Several factors are causing the treasury yield to rise, including a resilient job market and consumers
A look below the surface reveals a less-hot picture of the late-2023 labor market than the hot December jobs headline suggests. The latest jobs report
The Fed’s forecast that it will cut interest rates three times in 2024, up from a previous projection of two times, is already helping with
Serious homebuyers should be on the lookout for a good time to lock in a lower mortgage rate–and now could be that time. The October
The latest labor-market report closes out a week of good news for mortgage rates. The October jobs report shows slower-than-expected growth in the labor market,
The U.S. treasury announced they’re going to issue less long-term debt than expected and the Fed held interest rates steady. Those two events brought rates
When the 10-year treasury yield increases, mortgage rates increase. Several factors are causing the treasury yield to rise, including a resilient job market and consumers