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.
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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.