08/01/2025
📉 Fed Holds Rates Steady – Market Eyes Future Cuts
As expected, the Fed kept the Fed Funds Rate unchanged. Markets now see about a 25% chance of a 0.25% cut at the next meeting. 📊
Chairman Powell reminded us: Mortgage rates are not the Fed Funds Rate. What’s needed for real relief? Inflation near 2% and a strong job market—still not there yet. ❌💼
Mortgage rates are still below where we started the year but have ticked up slightly since the April 1st lows. The outlook? Slow, steady improvement as we head toward year-end. 📆📉
