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 Ahead
- Continued Progress on Consumer Inflation
- Wholesale Inflation Also Cooled
- Retail Sales Stronger Than Expected
- Initial Jobless Claims at 2-Month Low
00:00 Introduction
00:37 Newsletter Overview
01:20 Podcast Replay
01:44 Fed Funds Rate Decision
02:19 Fed Chair's Press Conference
02:45 Dot Plot Forecast
03:08 Consumer Inflation Update
04:07 Wholesale Inflation Update
05:00 Stronger Than Expected Retail Sales
05:48 Initial Jobless Claims Update
06:40 Family Hack: Pancake Recipe
07:38 Upcoming Housing Data
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