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Jonathan Garrick

Jonathan Garrick

Regional Sales Director
Movement Mortgage
NMLS ID # 000000

Market Update

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August 9, 2024

Why a 0.5% Fed Rate Cut Could Happen in September

Last week’s employment report caused a brief panic in the markets, but this week’s lighter economic calendar allowed some of that tension to ease. By Thursday, 10-year Treasury yields had retraced back to 4.00%. However, there’s...