Powell’s Power Is Fading After Today’s Fed Cut

The Fed just cut rates by 25 basis points but Powell’s comments may already be irrelevant. His term is nearly over and the future of the Fed is shifting toward new leadership with a different agenda. Here is what that means for mortgage rates and your next move. Russell McDonald | NMLS 290837 | Broker CA DRE 01150730 Wymac Capital Inc | NMLS 18766 | Broker CA DRE 01121628 Real Estate Broker - CA Dept of Real Estate #shorts #powell #federalreserve