federal reserve

Inflation’s finally rising. Should we be worried?

Inflation’s finally rising. Should we be worried?

The U.S. stock market ran wild and yields climbed last week because investors worried about an uptick in inflation. Data released this week suggests those fears might have been justified.

The Labor Department said Wednesday that consumer prices rose more than expected in January, raising concerns that inflation may rise too quickly. The Consumer Price Index, which measures the change in the average price of goods and services consumers purchase, jumped 0.5 percent last month, exceeding expectations of a 0.3 percent increase.

Continue reading Inflation’s finally rising. Should we be worried? at 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