Home Depot, Zillow shares move higher after Fed's rate hold

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Home Depot News

Zillow,Federal Reserve,Josh Lipton

Home improvement retailer Home Depot (HD) and real estate marketplace Zillow (Z, ZG) are getting a bump higher Wednesday in response to the cooling inflation...

decision to hold interest ratesNow shares of Zillow and Home Depot, both on the rise, comes after this morning's Consumer Price Index data coming in a little cooler than expected in hopes that rates are going down.Zilla Zillow was one Redfin open door.Build first resources I saw was higher so far with, like basically anything at all that there was a perception that lower rates would potentially help them.

And, he said, We want to make sure we're confident that inflation is moving back down to 2% because he says it pays benefits to Americans.The whole economy, he says he wants, get back to where people don't have to think about inflation, right, that it's front and centre.He also talked about kind of pulled on that thread about how we gotta get this inflation down, particularly, he said, painful for lower income Americans, especially, uh, but your point, these continue to pop.

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