
Redfin Economists’ Weekly Take: All Eyes on Fed Speeches as Markets Continue to Fly Data-Blind
Last Week In A Nutshell Rates eased due to a surprisingly negative ADP jobs report, which stayed in the spotlight as the government shutdown sidelined
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.

Last Week In A Nutshell Rates eased due to a surprisingly negative ADP jobs report, which stayed in the spotlight as the government shutdown sidelined

Last Week In A Nutshell A quiet week with rates drifting slightly higher as Fed officials sounded cautious on future rate cuts. Upcoming Attractions Potential

A federal government shutdown next Wednesday seems increasingly likely. The impact on the housing market would be fairly limited, though potentially larger in the Washington

Last Week In A Nutshell Mortgage rates inched up as the Fed presented a murky view of rate cuts for the next two meetings, while

Takeaway: Rates will remain mostly steady after the Fed executed the already priced-in 25 bps cut and painted a muddy picture in their projection for

Last Week In A Nutshell Rates fell after a spike in unemployment insurance claims overshadowed inflation data that was mostly benign, further propelling fears about

Last Week In A Nutshell Rates eased due to a surprisingly negative ADP jobs report, which stayed in the spotlight as the government shutdown sidelined

Last Week In A Nutshell A quiet week with rates drifting slightly higher as Fed officials sounded cautious on future rate cuts. Upcoming Attractions Potential

A federal government shutdown next Wednesday seems increasingly likely. The impact on the housing market would be fairly limited, though potentially larger in the Washington

Last Week In A Nutshell Mortgage rates inched up as the Fed presented a murky view of rate cuts for the next two meetings, while

Takeaway: Rates will remain mostly steady after the Fed executed the already priced-in 25 bps cut and painted a muddy picture in their projection for

Last Week In A Nutshell Rates fell after a spike in unemployment insurance claims overshadowed inflation data that was mostly benign, further propelling fears about