Deep divisions inside the Fed and a murky rate outlook could keep mortgage pricing volatile and borrower urgency uneven
Tagged: Jerome Powell
President Trump has nominated Kevin Warsh to succeed Jerome Powell as Federal Reserve chair, highlighting his market experience and stances on inflation and monetary policy
The Federal Reserve held its benchmark rate at 3.50–3.75%, citing solid economic growth, persistent inflation, and a soft labor market, leaving mortgage rates largely steady
Powell pushes back on DOJ subpoenas, warns of political pressure on Fed independence in the face of threatening a criminal indictment
What it means for mortgage pros as Powell talks further cut likeliness, Fed neutrality, his future at the central bank, and more
New governor sworn in as central bank preps for its likely first policy move of 2025, with mortgage markets watching closely
Alleges Powell lied in testimony to Congress regarding Fed building renovations, says Fed Chair should be fired
Powell said he sees ‘change in tone’ around digital assets, expects more crypto activity
Powell points to potential inflation increases as rationale for no rate cuts as Fed board members signal openness to lower rates
Mapping what's happened with rates in 2025 as they've influenced mortgage activity — and what's influencing them