{"id":14541,"date":"2023-09-20T18:30:42","date_gmt":"2023-09-20T18:30:42","guid":{"rendered":"https:\/\/prosfunds.com\/news\/opinion-feds-golden-handcuffs-homeowners-locked-into-low-mortgage-rates-dont-want-to-sell\/"},"modified":"2023-09-20T18:30:43","modified_gmt":"2023-09-20T18:30:43","slug":"opinion-feds-golden-handcuffs-homeowners-locked-into-low-mortgage-rates-dont-want-to-sell","status":"publish","type":"post","link":"https:\/\/prosfunds.com\/?p=14541","title":{"rendered":"Opinion: Fed\u2019s \u2018golden handcuffs\u2019: Homeowners locked into low mortgage rates don\u2019t want to sell"},"content":{"rendered":"
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Conventional wisdom dictates that U.S. inflation will continue to decline as the Federal Reserve marches forward with additional interest-rate hikes. This action, which makes loans more expensive for businesses and consumers, should lead to less spending, less consumption and higher unemployment. <\/p>\n

Or at least that\u2019s Econ 101. Yet\u00a0 both consumers and investors have acclimated to the current market environment. Moreover the key driver of inflation \u2014 housing \u2014 cannot be adequately contained through the Federal Reserve\u2019s usual…\n <\/p>\n<\/p><\/div>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Conventional wisdom dictates that U.S. inflation will continue to decline as the Federal Reserve marches forward with additional interest-rate hikes. This action, which makes loans more expensive for businesses and consumers, should lead to less spending, less consumption and higher unemployment. Or at least that\u2019s Econ 101. Yet\u00a0 both consumers and investors have acclimated to […]<\/p>\n","protected":false},"author":1,"featured_media":14542,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[38],"tags":[],"class_list":{"0":"post-14541","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news"},"yoast_head":"\nOpinion: Fed\u2019s \u2018golden handcuffs\u2019: Homeowners locked into low mortgage rates don\u2019t want to sell | Prosfunds<\/title>\n<meta name=\"description\" content=\"Conventional wisdom dictates that U.S. inflation will continue to decline as the Federal Reserve marches forward with additional interest-rate hikes. 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