Amy Scott

quite painful.

So it would be nice if we see some further deceleration, if we see it get down to closer to the Fed's target for overall inflation.

So it would be nice if we see some further deceleration, if we see it get down to closer to the Fed's target for overall inflation.

And we may yet see that.

And we may yet see that.

It depends a little bit, of course, on what happens throughout the rest of the economy, in part because if you have

It depends a little bit, of course, on what happens throughout the rest of the economy, in part because if you have

inflation overall persistently high.

inflation overall persistently high.

That's going to make it harder for the Fed to cut interest rates and therefore harder for mortgage rates to come down because they are still quite high.

That's going to make it harder for the Fed to cut interest rates and therefore harder for mortgage rates to come down because they are still quite high.

I know because I have to refinance soon.

I know because I have to refinance soon.

So, yeah, so I guess we'll see what happens.

So, yeah, so I guess we'll see what happens.

But it's a move in the right direction.

But it's a move in the right direction.

All right.

All right.

Moving on from inflation, Greg, we also had that better than expected jobs report from January this week.