Monthly Economic Commentary and Indicators

for Realtors & Mortgage Industry Professionals

September 2022

Powell said: “Restoring price stability will take some time and requires using our tools forcefully to bring demand and supply into better balance. Reducing Inflation is likely to require a sustained period of below-trend growth. Moreover, there will very likely be some softening of labor market conditions. While higher interest rates, slower growth, and softer labor market conditions will bring down Inflation, they will also bring some pain to households and businesses. These are the unfortunate costs of reducing Inflation. But a failure to restore price stability would mean far greater pain.” Fedspeak Translation: Don’t expect interest Rates to come down any time soon. The Fed is going to keep Monetary Policy tight until Inflation is under control, and Inflationary Expectations are banished from Consumer Psychology – which could take some time.

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Economic Data and Events

Interest Rates and Fed Watch

Housing Market Indicators

Labor Market Economic Indicators

Inflation Economic Data/Information

GDP Economic Data

Consumer Economic Indicators

Energy, International, and Misc

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Monthly Economic Commentary PDF

This Economic Commentary and Calendar are provided by GMFS Mortgage and written by Mortgage Elements to be a succinct summary of the key Economic Indicators and Economic Data that influence the Mortgage and Real Estate Industries. It is written for Mortgage, Realtor and Real Estate Professionals that need to stay current on Economic Information but don’t have hours to research and analyze Economic Data. © Copyright 2018 Mortgage Elements Inc, All Rights reserved

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