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Derek Levy headshot

Derek Levy

Loan Officer
Movement Mortgage
NMLS ID # 1632792
231 Union Blvd, First Floor, Totowa, NJ 07512
Dial Phone Number
p: (201) 693-0450
o: (908) 430-0283 x19046
Send E-mail to
e: derek.levy@movement.com

Market Update

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June 14, 2024

Inflation Trends Towards Fed Target: Potential Rate Cuts...

This week, two key inflation indicators showed lower-than-anticipated increases, suggesting that inflation is trending towards the Federal Reserve's target. The Core Consumer Price Index (CPI) rose by 0.2% month-over-month (0.16% unrounded),...

Derek Levy headshot
Derek Levy
Loan Officer