federal reserve

Fed hikes rates despite softening inflation, weak retail sales

     

The Federal Reserve on Wednesday moved as expected, raising the federal funds target rate by 25 basis points and sending clear signals that it believes the economy is growing — albeit, slowly — as labor market conditions improve. The central bank’s decision also suggests the Fed will keep course on its plans to increase rates … Continued

The post Fed hikes rates despite softening inflation, weak retail sales appeared first on Movement Mortgage Blog.

About the authors

We are a dedicated team specializing in the 6-hour, seven day mortgage process. We're here to guide you through the home-buying process every step of the way.

Meet the team

About Movement Mortgage

Movement has grown from a small team of 4 to over 4,000 employees with more than 500 locations across 46 states. Inc. Magazine recognized Movement Mortgage as the fastest-growing mortgage bank in the country.

Learn more about movement