Federal Reserve Chairman Jerome Powell on Wednesday expressed worry on the state of U.S. employment, saying that continued aggressive policy support is needed to fix the various issues still facing job markets. Despite an unemployment rate that has fallen to 6.3%, Powell said the employment picture is “a long way” from where it needs to be. He also noted that the actual unemployment rate is probably closer to 10% and said the Fed needs to stay focused on its “broad and inclusive” employment goal.
The central bank won’t have to worry about inflation getting in its way anytime soon, according to Philadelphia Federal Reserve President Patrick Harker on Thursday. The FOMC adopted a policy of flexible average inflation targeting, meaning that inflation can run above 2% for a while before the Fed will step in with rate increases.
The Fed will be purchasing up to $5.3B in mortgage-backed-securities today. Yields are climbing and the 10-year Note is approaching 1.20%, applying selling pressure on Mortgage Bonds.
Locking rates is recommended for approved files since traders will take the opportunity to sell MBS and push prices lower. |
美联储主席杰罗姆·鲍威尔(Jerome Powell)周三对美国就业状况表示担忧,称需要持续的积极政策支持来解决就业市场仍面临的各种问题。尽管失业率已降至6.3%,但鲍威尔(Jerome Powell)表示,就业状况还有很长的路要走。他指出,实际失业率可能接近10%,并表示美联储需要继续关注其“广泛和包容性”就业目标。
费城联邦储备银行行长帕特里克·哈克(Patrick Harker)周四表示,央行不必担心通货膨胀会随时发生。联邦公开市场委员会采取了灵活的平均通胀目标政策。这意味着在美联储加息之前,通货膨胀可能会持续超过2%的时间。
美联储将在今天购买高达$ 5.3B的抵押贷款支持证券。如今,收益率正在攀升,十年期国债收益率接近1.20%。这对抵押债券施加了卖压。
建议对批准的貸款申请锁定定率,由於交易者将趁机出售MBS并将价格进一步推低。
由于最近利率略有上升,因此建议尽快提交貸款申请。 |
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