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.
President Trump called for a ban on Wall Street investors purchasing single-family homes, and reiterated an order for Fannie Mae and Freddie Mac to buy
Takeaway: Mortgage rates are unlikely to move after a mild inflation report still marred by government shutdown-related distortions. Looking through the statistical issues, inflation likely
Takeaway: Another low hire-low fire jobs report leaves the Fed on track to leave rates alone for the next couple of meetings as expected, implying mortgage rates will
The ultimate impact of such a move would likely be limited because this would be a relatively small asset purchase program, by historical standards. President
President Trump called for a ban on Wall Street investors purchasing single-family homes, and reiterated an order for Fannie Mae and Freddie Mac to buy
Takeaway: Mortgage rates are unlikely to move after a mild inflation report still marred by government shutdown-related distortions. Looking through the statistical issues, inflation likely
Takeaway: Another low hire-low fire jobs report leaves the Fed on track to leave rates alone for the next couple of meetings as expected, implying mortgage rates will
The ultimate impact of such a move would likely be limited because this would be a relatively small asset purchase program, by historical standards. President