Warsh Sees Housing Strain, Keeps Rate Hikes In Play
Fed chair says broader financial conditions remain loose, inflation is too high, and markets should expect less guidance on what comes next
Fed chair says broader financial conditions remain loose, inflation is too high, and markets should expect less guidance on what comes next
What it means for mortgage pros as Powell talks further cut likeliness, Fed neutrality, his future at the central bank, and more
The spread between mortgage rates and the 10-Year Treasury yield is worth watching.