Summary
In today’s episode of Mortgage Monday, David and Christian cover the back and forth between President Trump and head of the Fed, Jerome Powell. In a bitter feud over whether rates should go down or stay put, Trump wrote a handwritten note to Powell which was leaked across the internet. As inflation has come down, and the job market appears decently steady, Trump wants rates to come down, and come down fast! As Powell holds his ground, the saga over where rates will go continues and David and Christian add their commentary in today’s episode.
Chapters
00:00 The Power of Jerome Powell
06:39 Trump's Handwritten Note to Powell
11:01 The Impact of Interest Rates on the Economy
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