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Tim Sheppard headshot

Tim Sheppard

Market Leader
Movement Mortgage
NMLS ID # 745490

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%...

Tim Sheppard headshot
Tim Sheppard
Market Leader
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2360 Centerville Rd., Tallahassee, FL 32308
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NMLS # 745490

State License #AL-69435, FL-LO49806