What Happened To The Expected Rate CUTS Now?
Remember when everyone expected interest rate cuts? Now some economists are discussing whether the next move could actually be a hike. The Federal Reserve is expected to hold rates steady this week under new Chair Kevin Warsh, but inflation remains elevated and energy prices continue to create uncertainty. For mortgage rates, inflation remains the key issue. 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 #MortgageRates #FederalReserve #Inflation
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