Fed hikes rates, with analysts seeing more tightening ahead
Fed raises benchmark rate to 3.75% to 4% range in response to high inflation and solid employment
Kevin Warsh
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Trump threatens trade halt if Fed does not cut rates
President urged the Federal Reserve to cut rates after August payrolls rose by 162K and unemployment held at 4.1%
Hawks Lorie Logan and Beth Hammack run the Fed for now
Even though the Federal Reserve didn’t hike rates today, the hawks won three key victories with higher nominal and real yields.
With Warsh’s Fed overhaul, mortgage rates face a new risk
Federal Reserve Chair Kevin Warsh’s new framework for the U.S. central bank carries significant implications for the mortgage industry and broader housing market.
3 quick takes on Kevin Warsh’s first Fed meeting
Kevin Warsh called policy uneven for housing, ended dot plot guidance and launched a Fed task force as the 10-year yield sits near 4.50%.