Economic Crosscurrents: Mortgage Rates Climb, Fed Cautious, and Global Trade Dynamics Shift
Stock Market Newsยท2025-09-25 16:38
Key TakeawaysU.S. mortgage rates have reversed course, climbing after a period of steady declines, with the 30-year Freddie Mac fixed rate reaching 6.30% this week.Federal Reserve officials, including Austan Goolsbee, are exercising caution on further rate cuts, warning that premature easing could risk persistent inflation, despite a stable but mildly cooling labor market.Goldman Sachs (GS) President John Waldron indicates that trade is a limiting factor for growth, predicting the U.S. economy will grow les ...