Logan Mohtashami on jobs, mortgage rates and the Fed’s next move
HousingWire Daily
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The Fed Pivot to Stop Raising Rates
Jobless claims are 323,000 on the four week moving average. The irony of everything is that the Federal Reserve has forecasted a recession this year. And during that forecast, they're telling you they need rates higher. But for me, the Fed pivot doesn't mean rate cuts. It means the Federal Reserve will change their entire language.
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