October 2022 MBS Now Highlights Tightening Policy Around the World
Looking back at October 2022 MBS trends, inflation once again dominated headlines as the Federal Reserve and ECB continue to raise rates.
Looking back at October 2022 MBS trends, inflation once again dominated headlines as the Federal Reserve and ECB continue to raise rates.
As the inflation data from October came out, the November 2022 CPI report surprisingly fell below its consensus forecast.
After the November 2022 Fed meeting, investors raised their outlook for monetary policy tightening heading into 2023.
Following this week’s September 2022 Core PCE report, investors scaled back their outlook as the data matched the overall consensus.
As mortgage rates reached their highest rates in over twenty years, September existing home sales fell for the eighth straight month.
In the release of the most anticipated weekly economic data, August 2022 CPI showed an 8.2% annual inflation jump.
This week, the highly anticipated labor market data came out, highlighted with the surprising drop in the August 2022 unemployment rate.
Throughout the world, inflation continues its rampage as the September 2022 mortgage market soared to new highs.
In another extremely volatile week, the latest news saw mortgage rates hit 2007 highs as the UK passed new tax cuts.
As central banks around the world maintain an aggressive policy stance, mortgage rates achieved their highest levels in over 10 years.