Mortgage rates climbing again on hot CPI report, Powell testimony

Trump calls for lower interest rates after release of January CPI report. Powell says Fed is in no hurry to cut rates, and bond market investors who fund mortgages are taking him at his word.

Feb 13, 2025 - 17:05
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Mortgage rates climbing again on hot CPI report, Powell testimony
Trump calls for lower interest rates after release of January CPI report. Powell says Fed is in no hurry to cut rates, and bond market investors who fund mortgages are taking him at his word.