BNB$749.77+0.02%BRENT$99.1+2.00%BTC$78,506+0.03%COPPER$6.69+1.36%DJI$52,786-1.18%DOGE$0.0899-0.03%DXY98.86-0.32%ETH$2,485-0.12%GOLD$4,359-1.05%NDX$29,508-0.12%SILVER$65.76-0.57%SOL$103.36-0.02%SPX$7,674-0.58%US10Y4.81+0.46%VIX15.75+8.40%BNB$749.77+0.02%BRENT$99.1+2.00%BTC$78,506+0.03%COPPER$6.69+1.36%DJI$52,786-1.18%DOGE$0.0899-0.03%DXY98.86-0.32%ETH$2,485-0.12%GOLD$4,359-1.05%NDX$29,508-0.12%SILVER$65.76-0.57%SOL$103.36-0.02%SPX$7,674-0.58%US10Y4.81+0.46%VIX15.75+8.40%
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Fed's Schmid Advocates Higher Rates Amid Rising Mortgages

Key takeaways

  • Federal Reserve official Schmid emphasizes inflation concerns, advocating for higher interest rates as mortgage rates reach 6.69%.
#Federal Reserve#Interest Rates#Inflation#Mortgages

Analysis

Federal Reserve official Schmid emphasizes inflation concerns, advocating for higher interest rates as mortgage rates reach 6.69%.

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