There is a lot going on in the markets these days. Stagflation concerns are making it difficult for the federal reserve to make an additional rate cut in October. Some say it is about a 55% chance they cut rates. Recently, conventional thinking had it at a 99% chance. The article linked to below will go into more detail on explaining what stagflation is and why it matters. It will also talk about how the trade war tariffs and, more recently, the attack on the Saudi oil production may cause inflation forcing the interest rates to increase.
- Increased Optimism on Trade is causing rates to increase
- Home Sales Slipped in September Keeping Mortgage Rates Unchanged
- Want to know where the rates are headed? You might want to look at the stock market.
- Perfect storm for lower rates
- Stagflation concerns making it difficult for the federal reserve to make a rate cut in October