Donald Trump

Markets see-saw as interest rates get political

Markets see-saw as interest rates get political

Fed Chair Jerome Powell says interest rates must keep increasing. President Donald Trump disagrees. And markets see-sawed this week over their differences.

The latest? The 10 Year US Treasury yield approached recent lows as investors tried to make sense of the turbulence, which wasn’t helped by falling commodity prices and the ripple effects of trade tension with China.

Powell spoke first when he delivered his regular, prepared testimony to Congress on Wednesday.

Continue reading Markets see-saw as interest rates get political at Movement Mortgage Blog.

About the authors

Looking to change the home buying process for the better, the Humes Team is here for all of your mortgage needs. No loan is too big or too small. We believe one should treat others as expected to be treated. We pride ourselves in honesty paired with communication to deliver A1 service with great results.

Meet the team

About Movement Mortgage

Movement has grown from a small team of 4 to over 4,000 employees with more than 500 locations across 46 states. Inc. Magazine recognized Movement Mortgage as the fastest-growing mortgage bank in the country.

Learn more about movement