Greg McBride has his eye on yields as the Fed cuts rates. He says mortgage rates ticked back above 7% despite those cuts, which he blames on steepening yield curves. Turning to the Trump administration, he says there's a lot of uncertainty "until the ink is dry" on policies, though he expects a "slower but still solid" economy overall in 2025. Greg urges consumers to focus on paying off debt as a way to hedge against potential inflation.
Morning Trade Live
06 Jan 2025
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