Fannie Mae: Employment Growth Slows as Labor Market Normalizes After Hot Q1
May 04, 2024
May 04, 2024
WASHINGTON, May 4 -- Fannie Mae issued the following economic and housing weekly note on May 3, 2024, by Nathaniel Drake of the Economic and Strategic Research Group:
* * *
Key Takeaways:
* The Federal Open Market Committee (FOMC) held the federal funds rate at its current target range of 5.25-5.5 percent at its April 30-May 1 meeting. The committee announced that beginning in June, the Fed will slow the pace of decline of its securities holdings by reducin . . .
* * *
Key Takeaways:
* The Federal Open Market Committee (FOMC) held the federal funds rate at its current target range of 5.25-5.5 percent at its April 30-May 1 meeting. The committee announced that beginning in June, the Fed will slow the pace of decline of its securities holdings by reducin . . .