Asset Allocation Bi-Weekly: Tackling Long-Term Interest Rates
In his testimony before the House Financial Services Committee on February 12, Federal Reserve Chair Powell was questioned about why mortgage rates had not declined. In response, Powell emphasized that the Fed primarily influences short-term interest rates, not the longer-term rates such as those tied to mortgages. Despite the central bank cutting its benchmark short-term [...] The post Asset Allocation Bi-Weekly: Tackling Long-Term Interest Rates appeared first on ETF Trends.
In his testimony before the House Financial Services Committee on February 12, Federal Reserve Chair Powell was questioned about why mortgage rates had not declined. In response, Powell emphasized that the Fed primarily influences short-term interest rates, not the longer-term rates such as those tied to mortgages. Despite the central bank cutting its benchmark short-term [...]
The post Asset Allocation Bi-Weekly: Tackling Long-Term Interest Rates appeared first on ETF Trends.
