Hints at September Rate Cut? Market Update 8/5/2024
Manage episode 432690404 series 3548710
Let us know what questions you have. Give us feedback too.
Hey everyone, it's Larry Bailey. This is for the Week of July 29, 2024 in Review
The Fed held rates steady but hinted that the time for a cut may be approaching. Plus, there were more signs that the labor sector is weakening while home prices hit a new high. Here are last week’s headlines:
- Fed Holds Rates Steady, Hints at September Cut
- Weak July Jobs Report More Indicative of Real Picture
- Private Payrolls Hit Lowest Level Since January
- JOLTS, Jobless Claims Show Labor Sector Weakness
- Home Prices Hit New Record High
- Pending Sales Jump Higher in June
To subscribe to the MBS Highway, please go to www.MBShighway.com - © 2012-2024 MBS Highway. All rights reserved.
Larry Bailey - Your Community Advocate
© 2024 Mortgage Workflow Partners Inc. All Rights Reserved.
119 jaksoa