Fed Chair Jerome Powell suggested the Fed’s balance sheet tightening program could end soon but offered no guidance on future rate cuts. Liquidity might stop shrinking, but rates could stay higher for longer depending on upcoming inflation data. This is the kind of uncertainty that creates both volatility and opportunity in the mortgage market.
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Russell McDonald | NMLS 290837 | Broker CA DRE 01150730
Wymac Capital Inc | NMLS 18766 | Broker CA DRE 01121628
Real Estate Broker – CA Dept of Real Estate #shorts #powell #federalreserve #QT