Policymakers now envision making just one rate cut this year, but investors who fund most mortgages are still betting the central bank will change its tune if inflation continues to ease.
Fed Projects A Single Rate Cut As Inflation Eases In May nationalmortgageprofessional.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nationalmortgageprofessional.com Daily Mail and Mail on Sunday newspapers.
The Federal Reserve held firm on its current interest rate levels after its latest meeting, but inflation numbers are leading to talk of potential action in third and fourth quarters.
Fed holds federal funds rate steady, rules out rate hike in short term scotsmanguide.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from scotsmanguide.com Daily Mail and Mail on Sunday newspapers.