Fed Talk
Today’s only scheduled events that may influence mortgage rates are a large number of speaking engagements by members of the Federal Reserve. There are at least nine different events where a member is either the sole speaker or participating in a group discussion. Most of the event topics appear to be fairly mundane, but one or more of these events may yield a surprise tidbit that is relevant to factors currently driving the markets, such as inflation, tariffs and the slowing economy. These very well may be a non-factor to the markets, but the potential does exist for a reaction, especially when there is no economic data for traders to focus on.