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Austin Swift Loan Officer

NMLS ID: 283342

Market Update

Man and woman model IMPACT Lender t-shirt

August 25, 2023

The Fed believes the economy hasn't cooled as expected

It has been a relatively quiet week in terms of economic data. The market is gradually warming up to the idea of another Fed rate hike before the year's end, with Fed Futures prices indicating a 40% chance as of Tuesday. PMI figures earlier this...