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Michael Rocco

Michael Rocco

Branch Leader
Movement Mortgage
NMLS ID # 1281719

Movement Blog

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August 2, 2024

Jobs Report, Inflation & The Fed’s Balancing Act

Today’s jobs report (full report here) showed unemployment at higher-than-expected levels. However, inflation remains above the target rate.Currently, the Federal Reserve faces a challenging environment. Inflation remains above the target...

Michael Rocco
Michael Rocco
Branch Leader
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205 Archway Ct, Lynchburg, VA 24502
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NMLS # 1281719

State License #NC - I-212223, VA - MLO-23769VA