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Ellen Roche headshot

Ellen M. Roche

Branch Manager
Movement Mortgage
NMLS ID # 46794

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%...

Ellen Roche headshot
Ellen M. Roche
Branch Manager
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25 Railroad Square, Haverhill, MA 01835
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NMLS # 46794

State License #MA-MLO46794, NH