FED Warns Of Stagflation

Welcome back, Dreammakers, to Today in Mortgages! In this episode, hosts Michael and Richard talk about Jerome Powell's press conference in Washington. Rates did not change today - but no one was expecting that - citing a steady economy with maximum employment. 

However, there is a lot of uncertainty about the future. Stagflation was discussed which is slow or negative economic growth due to higher unemployment and higher prices. No one knows what will happen to employment with the onset of tariffs. Powell wants to keep rates steady because of the uncertain future.

Listen in as we discuss this and more!

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Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. 

The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. 

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Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042.

The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.