Federal Reserve Launching Measures to Vaporize Inflation
This week, investors kept a close eye on the conflict in Ukraine, though Federal Reserve news awaited investors.
This week, investors kept a close eye on the conflict in Ukraine, though Federal Reserve news awaited investors.
Rising inflation levels continued to induce massive daily market volatility for February 2022 mortgage rates.
As investors eagerly awaited the European Central Bank meeting, the latest decision on inflation came as a blindside.
In another volatile week for mortgage markets, the conflict in Ukraine continued to intensify while the U.S. heard testimony from the Fed.
Mortgage markets experienced another volatile week as the Russian invasion of Ukraine dominated headlines.
Last week, mortgage markets experienced daily volatility as the Russia-Ukraine conflict led to soaring demand for mortgage-backed securities.
Last month, January 2022 mortgage rates achieved their highest levels since early 2020 as investors again saw record-setting inflation.
As inflation surges to the highest level since 1982, the mortgage market left investors stunned after months of remaining on-edge.
This week, the key Employment report revealed enormous job gains for the United States labor market, leading to higher mortgage rates.
With Wednesday’s Federal Reserve meeting, the continual conversation revolving the Fed tapering bond purchases took an interesting turn.