Last Week In A Nutshell Weak labor market data indicates that the economy is at risk of a recession, meaning the Fed needs to start cutting rates next week. But the bottom hasn’t fallen out of the economy yet, so the Fed can afford to take it slow...
Posts published by “Chen Zhao”
Mortgage rates will stay flat today following an as-expected inflation report that keeps the Fed on track for a rate cut on September 17. Inflation remains above target and rising, at least partly due to tariffs, but today’s reading is not hot enough to derail a rate cut after the last jobs report...