Fed sounding board: mortgage rates rise after rate cuts partly due to positive economic da
On October 24, Nick Timiraos, “the Fed's sounding board,” said that in the previous events of the Fed's first rate cuts, the sharp declines in mortgage rates occurred before the Fed cut rates.Mortgage rates rose in the weeks following the first cut in 1995 (a soft landing), in part because of the subsequent of better economic activity data.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Helios secures a $15 million investment commitment from Bolts Capital to support ETF Chain
Nasdaq-listed company Caliber: Has staked 75,000 LINK and will increase staking proportion
Terraform Labs founder Do Kwon to be sentenced today, may face 12 years in prison

Reserve Rights proposes new plan to burn approximately 30 billion RSR tokens