Market Update

Hurricanes squash jobs numbersWhat happens to interest rates?


The U.S. job market took its first turn negative in seven years in September when the economy lost 33,000 net jobs, according to the monthly report from the Bureau of Labor Statistics. Despite the dip, hourly wages showcased strong gains and officials seem on track to continue with planned interest rate hikes. Friday’s poor showing … Continued

The post Hurricanes squash jobs numbers
What happens to interest rates?
appeared first on Movement Mortgage Blog.

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