BNB$750.3+0.02%BRENT$99.29+2.19%BTC$78,551+0.12%COPPER$6.68+1.32%DJI$52,786-1.18%DOGE$0.0900-0.03%DXY98.85-0.33%ETH$2,487+0.02%GOLD$4,356-1.10%NDX$29,508-0.12%SILVER$65.67-0.71%SOL$103.45+0.21%SPX$7,674-0.58%US10Y4.81+0.46%VIX15.72+8.19%BNB$750.3+0.02%BRENT$99.29+2.19%BTC$78,551+0.12%COPPER$6.68+1.32%DJI$52,786-1.18%DOGE$0.0900-0.03%DXY98.85-0.33%ETH$2,487+0.02%GOLD$4,356-1.10%NDX$29,508-0.12%SILVER$65.67-0.71%SOL$103.45+0.21%SPX$7,674-0.58%US10Y4.81+0.46%VIX15.72+8.19%
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Fed's Schmid Advocates Higher Rates Amid Rising Mortgages

Key takeaways

  • Federal Reserve official Schmid emphasizes inflation concerns, advocating for higher interest rates as mortgage rates reach 6.69%.

Analysis

Federal Reserve official Schmid emphasizes inflation concerns, advocating for higher interest rates as mortgage rates reach 6.69%.

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