David Macaione # 117378 and Tyler Cralle # 2028201 discuss the Federal Reserve’s last rate hike of 2022 and their predictions for the economy over the next three years, the latest CPI report that showed inflation slowing to 7.1%, the latest jobs report that continues to show strength in the labor market, and what this all means for mortgage rates and the housing market.
Show Notes:
Wall Street Journal: Fed Raises Rate by 0.5 Percentage Point, Signals More Increases Likely https://on.wsj.com/3hLEIbr
New York Times: Inflation Cooled Notably in November, Good News for the Fed https://nyti.ms/3hP8o7m
Yahoo Finance: November jobs report: Payrolls rise by 263,000, unemployment rate holds at 3.7% https://yhoo.it/3PLSpUk
CNBC: U.S. single-family home prices slow again in September. https://cnb.cx/3WvGw78
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