The Collective Mindset Podcast

Fed Day - June 2023 Mortgage Edition

The Collective Mindset Podcast Season 1 Episode 8

The Fed meeting today was a dud!  We got what we wanted with a FED Pause on the rate hikes, however, Chairman Powell said that two more rate hikes are likely this year!  With the inflation data dropping down to 4.0% most economist felt like that was sufficient and proof the hikes have done what was intended and there should not be any further hikes needed.  Gavin and Jordan discuss the fed decision and outlook for mortgage rates in 2023.