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Riley Fraser

Riley Fraser

Branch Leader
Movement Mortgage
NMLS ID # 1992530

Market Update

EB1A0369

September 23, 2022

Another round of rate increases as the Fed fights inflation

The Federal Reserve is standing pat in its hawkish effort to fight inflation. The Federal Open Market Committee (FOMC) raised the federal funds rate by 75 basis points at its September meeting and also set its terminal rate of 4.6% in 2023. The...

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Riley Fraser
Riley Fraser
Branch Leader
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99 Rosewood Dr suite 270, Danvers, MA 01923
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NMLS # 1992530

State License #MA-MLO1992530, ME, NH, SC-BFI-Temporary Authority