https://t.co/Fgq5dtpjs6 War is inflationary. That’s why the attack on Iran sent bond yields (and mortgage rates) to jump. The market is particularly worried about the impact of energy prices on US inflation. The Fed will be less likely to cut rates if the war sends CPI higher.
Deploying troops on our streets harms our servicemembers and communities. I stand with retired military leaders, veterans, and military spouses in one shared message: troops on our streets is #NotTheMission. Let fellow Americans know where you stand. https://t.co/NuicAG5vPB
https://t.co/5GnpCpnjyV The government has reopened, but it’s unclear how much official jobs & inflation data the Fed will get before its next meeting. The private data on jobs was actually pretty scary. Will the Fed wait for official data before cutting rates again?
https://t.co/gpjULwtOnp After a fairly benign inflation reading, the Fed decided to cut rates and officially stopped Quantitative Tightening. Average mortgage rates, meanwhile, are nearing multi-year lows and buying interest is just starting to perk up. #realestatenews