A Dilemma Of The Fed’s Own Making | Danielle DiMartino Booth & Joseph Wang
Forward Guidance
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The Impact of QT on the Mortgage Industry
Mortgage rates are the widest they've been since the great financial crisis. This is a very ominous sign for the impact of QT when it actually comes into effect. And that's going to trickle through to the real estate agent community as well. The move advertises credit risk. It flags counterparty risk, issuance risk, credit risk. We have blown past post-pandemic highs in the move.
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