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Michael Task

Michael Task

Branch Manager
Movement Mortgage
NMLS ID # 314948
10814 Jollyvillle Rd, Ste 180, Austin, TX 78759
Dial Phone Number
p: (512) 350-3660
o: (512) 746-7855
f: (512) 669-5134
Send E-mail to
e: michael.task@movement.com

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%...

Michael Task
Michael Task
Branch Manager