Logan Mohtashami: New home sales need lower mortgage rates
HousingWire Daily
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Do You Think Jobless Claims Are Not Rising?
The Fed has a problem in a sense that they can't really raise the terminal rate where they think any more than they've guided now some people say look at jobless claims are there's no weakness in the labor market wages are going to take up. The growth rate of wages falling right now is what the Fed wants to see without the labor market getting tighter I mean worse so they'll take that victory because they front loaded these rate hikes and they just want to stay up here for longer.
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