Mortgage Market Guide's recap of what happened this week and why.
The Fed has changed their approach towards inflation and how they would adjust rates. Consumer inflation is rising. There are two different figures to track: CPI and the Fed's favorite inflation gauge, the Core PCE. Stocks are at an important technical standpoint balancing on their 50-day Moving Average.
Next week we have the Fed. Their job is to manage inflation, employment, and maintain market calm. Let's see how they do.
Find out more about what this means for you, your borrowers, and your partners in this weekly recap video:
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