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Chris Allessio headshot

Chris Allessio

Senior Loan Officer – Team Lead
Movement Mortgage
NMLS ID # 1725808

Market Update

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September 6, 2024

Fed Rate Cuts on the Horizon: Labor Market Signals a Shift

Financial markets are closely scrutinizing each economic release for clues about the Federal Reserve's potential rate cut in September. With inflation seemingly on track towards the 2% target, the Fed's attention has shifted primarily to the...

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Chris Allessio headshot
Chris Allessio
Senior Loan Officer – Team Lead
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231 Union Blvd First Floor, Totowa, NJ 07512
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NMLS # 1725808

State License #AZ-LO-2014685, CA Department of Financial Protection & Innovation (DFPI) under the California Residential Mortgage Lending Act-DFPI1725808, CT-LO-1725808, FL-LO60900, IA-52586, IL-031.0087224, MD, MA-MLO1725808, MI-1725808, NJ, NY, NC-I-219811, PA-67550, SC-MLO-1725808, TX-TEXAS-SML, WV-LO-1725808