Fed cuts again, but mortgage rates climb on 2025 inflation worries
Bond market investors are focused on the latest "dot plot," indicating Fed policymakers only expect to bring short-term rates down by half a percentage point in 2025.
Bond market investors are focused on the latest “dot plot,” indicating Fed policymakers only expect to bring short-term rates down by half a percentage point in 2025. Bond market investors are focused on the latest “dot plot,” indicating Fed policymakers only expect to bring short-term rates down by half a percentage point in 2025.
