Tag Archives: CME FedWatch

Tariff fears sour consumer sentiment, push mortgage rates up

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The University of Michigan Index of Consumer Sentiment fell 11 percent from March to April and is now lower than it was during the Great Recesssion. Continue reading →

Surprise Fed move takes some pressure off of mortgage rates

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Central bank dials back Treasury rolloffs but is not ready to cut short-term interest rates, as Fed policymakers indicate they’re more worried about inflation than they were in December. Continue reading →

Inflation is cooling. But is the economy about to crash?

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After moving in the wrong direction for three months, annual inflation cooled to 2.5 percent in January. But the biggest drop in consumer spending since February 2021 has one model predicting that the economy is shrinking. Continue reading →

Fed pauses rate cuts, continues mortgage ‘quantitative tightening’

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Trump wants lower rates. Fed Chair Jerome Powell says he’s not spoken to the President, and that “we don’t need to be in a hurry to adjust the policy stance.” Continue reading →