
Redfin Economists’ Weekly Take: Fed Speeches May Offer Clues About Future Rate Cuts
Last Week In A Nutshell Mortgage rates inched up as the Fed presented a murky view of rate cuts for the next two meetings, while
Chen Zhao is the head of economics research, where she produces research on the housing market for public and internal audiences.
Previously, she was an executive director leading housing finance and financial markets research at the JPMorgan Chase Institute. Prior to joining JPMCI, Chen was an economics consultant at Analysis Group, Inc., where she worked on financial litigation cases and led teams conducting health economics and outcomes research on behalf of pharmaceutical companies.
While in graduate school, Chen was with the Center for Economic Studies and the Social Economic and Housing Statistics Division at the US Census Bureau, where she conducted applied microeconomics research using large scale restricted-access linked survey-administrative data. She started her career at the White House Council of Economic Advisers, where she focused on labor and health economics.

Last Week In A Nutshell Mortgage rates inched up as the Fed presented a murky view of rate cuts for the next two meetings, while

Takeaway: Rates will remain mostly steady after the Fed executed the already priced-in 25 bps cut and painted a muddy picture in their projection for

Last Week In A Nutshell Rates fell after a spike in unemployment insurance claims overshadowed inflation data that was mostly benign, further propelling fears about

Takeaway: Mortgage rates will ease a little bit more today as a jump in unemployment insurance claims overshadows a CPI inflation report showing an expected

Last Week In A Nutshell Weak labor market data indicates that the economy is at risk of a recession, meaning the Fed needs to start

Today’s weak jobs report all but guarantees that the Fed will cut interest rates by 25 basis points at its September 17 meeting, and that’s

Last Week In A Nutshell Mortgage rates inched up as the Fed presented a murky view of rate cuts for the next two meetings, while

Takeaway: Rates will remain mostly steady after the Fed executed the already priced-in 25 bps cut and painted a muddy picture in their projection for

Last Week In A Nutshell Rates fell after a spike in unemployment insurance claims overshadowed inflation data that was mostly benign, further propelling fears about

Takeaway: Mortgage rates will ease a little bit more today as a jump in unemployment insurance claims overshadows a CPI inflation report showing an expected

Last Week In A Nutshell Weak labor market data indicates that the economy is at risk of a recession, meaning the Fed needs to start

Today’s weak jobs report all but guarantees that the Fed will cut interest rates by 25 basis points at its September 17 meeting, and that’s