The New Fed Announcement After 03/19 Meeting
The economy continues to grow steadily, with a strong job market and low unemployment. However, inflation is still somewhat high.
The Federal Reserve aims to keep inflation around 2% while ensuring strong employment. Right now, the risks to reaching these goals are fairly balanced.
To support these goals, the Fed is keeping interest rates between 4.25% and 4.5%. Any future changes to interest rates will depend on economic data and trends. The Fed is also continuing to reduce its holdings of Treasury securities and mortgage-backed securities, though at a slower pace starting in April.
The Fed remains committed to keeping the job market strong and bringing inflation back to 2%. It will keep monitoring economic data and adjust its policies if necessary based on factors like job growth, inflation trends, and global financial conditions.
Mortgages Rates 03/19/2025
Source: Mortgage News Daily | Updates Daily - Last Updated: 3/19
