Is the Fed about to break your mortgage plans?
In this episode of Make Money Count, Marcus and Justin break down new Fed Chair Kevin Warsh's very first policy meeting, and why it didn't go the way most people expected.
We break down:
Why Warsh, Trump's own pick, spent his first meeting talking about inflation instead of cutting rates
How the Fed's "dot plot" flipped from pricing in a cut to pricing in a hike, and what that actually means
Why Warsh says rates are too low for...
Is the Fed about to break your mortgage plans?
In this episode of Make Money Count, Marcus and Justin break down new Fed Chair Kevin Warsh's very first policy meeting, and why it didn't go the way most people expected.
We break down:
- Why Warsh, Trump's own pick, spent his first meeting talking about inflation instead of cutting rates
- How the Fed's "dot plot" flipped from pricing in a cut to pricing in a hike, and what that actually means
- Why Warsh says rates are too low for Wall Street but too high for Main Street, and why the Fed can't fix both
- How a stronger US stance puts pressure on the Canadian dollar, and why that could force the Bank of Canada's hand
- What RBC, TD, BMO, Scotia, and CIBC are each predicting for rates, and what it means for your mortgage choice
This episode isn't your usual headline recap, it's a real breakdown of how one Fed meeting can move your mortgage rate, fact checked by two people who actually do this for a living.
Watch till the end, you'll know exactly what to ask your broker next.
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