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Don Fowler headshot

Don Fowler

Branch Leader
Movement Mortgage
NMLS ID # 117956

Market Update

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May 17, 2024

Inflation Data Boosts Hopes for Fed Rate Cuts by Year-End

Sticky inflation remains the key obstacle to the Federal Reserve cutting interest rates, but Wednesday's inflation data offered encouraging signs. The Core Consumer Price Index (CPI) for April rose by 0.3% month-over-month and 3.6%...

Don Fowler headshot
Don Fowler
Branch Leader
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2828 Pickett Rd, Ste 220A, Durham, NC 27705
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NMLS # 117956

State License #NC-I-174132, SC-MLO-117956, VA-MLO-67823VA