HomeMarkets & EconomyU.S. EconomyVeraa: Fed Will Pause in 4% Range
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Veraa: Fed Will Pause in 4% Range

Veraa: Fed Will Pause in 4% Range

Karen Veraa of Blackrock discusses the interest rate cut cycle. She expects the Fed to cut only once or twice this year into the 4% range. While she thinks mortgage rates will stay elevated, she said the Fed could mitigate that by buying mortgage-backed securities, though she sees that as unlikely. She walks through the yield curve and what could be ahead this year.

Market On Close

23 Jan 2025

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