@Gosleepriya The epidermis may be located on the outside of the body but the dermis and hypodermics is located inside. Incase someone wants to point out that the skin is not an organ “in” the body.
Next fed Gov will have 5 FOMC meetings. I doubt we see any more cuts under Powell.
We could see 3-5 25bps cuts after new fed chair comes in.
5 in my option would be pushing it unless we hit a major speed bump.
@ 3 cuts we could see mortgage rates come down to 5%.
3% fed funds rate
4% 10 year treasury
5% mortgage rates