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Podcast: Mastering Encompass® by Mortgage Workflow Partners Inc. (old)
Episode: Mortgage Market Update - Rate Cuts Are Ahead, Consumer Inflation, Wholesale Inflation, & Initial Jobless Claims at 2-Month Low - 12/18/2023
Description: Hey everyone, it's Larry Bailey from Mortgage Workflow Partners. This is for the Week of December 11, 2023, in Review:The Fed left rates unchanged at their meeting last week. This followed news that inflation at both the consumer and wholesale levels continued to cool in November. Here are the headlines:Fed Pivots, Signals Rate Cuts Are AheadContinued Progress on Consumer InflationWholesale Inflation Also CooledRetail Sales Stronger Than ExpectedInitial Jobless Claims at 2-Month Low00:00 Introduction00:37 Newsletter Overview01:20 Podcast Replay01:44 Fed Funds Rate Decision02:19 Fed Chair's Press Conference02:45 Dot Plot Forecast<...