Simon Moore
Simon Moore is a financial journalist who has been covering the Federal Reserve's monetary policy decisions and their impact on interest rates. His articles focus on analyzing economic data, such as Consumer Price Index reports and Fed statements, to provide insights into future rate movements. He also covers advancements in artificial intelligence and its potential impact on finance. With a background in economics, Simon provides unique perspectives on financial markets based on his extensive research.
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The Daily's Verdict
This author is known for its high journalistic standards. The author strives to maintain neutrality and transparency in its reporting, and avoids conflicts of interest. The author has a reputation for accuracy and rarely gets contradicted on major discrepancies in its reporting.
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Recent Articles
FOMC Meeting and CPI Report in June: Crucial Decisions Ahead for Interest Rates and Mortgage Markets
Broke On: Monday, 03 June 2024The upcoming FOMC meeting and CPI report on June 12 will determine interest rate decisions and their impact on mortgage rates, with the Federal Reserve having increased its benchmark federal funds rate eleven times since late 2022. The housing market faces challenges due to high mortgage rates and rising home prices, with the median monthly payment at $2,256 - a 7% increase from last year.