
Fed Holds Rates Steady, But Sets Up a December Hike
Takeaway: The Fed skipped hiking rates at today’s meeting, as expected. But they set up a hike at the December 9th meeting. The Fed’s main
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.

Takeaway: The Fed skipped hiking rates at today’s meeting, as expected. But they set up a hike at the December 9th meeting. The Fed’s main

In A Nutshell: Rates have mellowed a bit coming into a big week with a Fed meeting and the first read of Q3 GDP data.

In A Nutshell: It’s a pretty light week ahead of next week’s Fed meeting, but rates are still hostage to geopolitical developments and to market

Takeaway: A higher-than-expected inflation report puts the odds of a rate hike in two weeks at 50/50. Rates will give back some of last week’s

In A Nutshell: Every CPI inflation print has the potential to send rates up or down, and this Wednesday’s is no exception. There’s still an

In A Nutshell: There’s still upward pressure on rates, as bond market investors have all of the same worries that have caused mortgage rates to

Takeaway: The Fed skipped hiking rates at today’s meeting, as expected. But they set up a hike at the December 9th meeting. The Fed’s main

In A Nutshell: Rates have mellowed a bit coming into a big week with a Fed meeting and the first read of Q3 GDP data.

In A Nutshell: It’s a pretty light week ahead of next week’s Fed meeting, but rates are still hostage to geopolitical developments and to market

Takeaway: A higher-than-expected inflation report puts the odds of a rate hike in two weeks at 50/50. Rates will give back some of last week’s

In A Nutshell: Every CPI inflation print has the potential to send rates up or down, and this Wednesday’s is no exception. There’s still an

In A Nutshell: There’s still upward pressure on rates, as bond market investors have all of the same worries that have caused mortgage rates to