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Podcast: Lykken on Lending
Episode: "We're An American Band" Market Sets Rates, Not the Fed - Macro Market Update by Les Parker
Description: 08-18-2025 "We're An American Band" Market Sets Rates, Not the Fed.--------------------Need an American Bang. Need an American Bang. It needs jobs back in town. And beat inflation back down. Need an American Bang.The world needs an American surge of job-creating growth with high productivity from AI driving down inflation. Aggressive easing will likely raise mortgage rates. The market sets the rates, reflecting the supply and demand for mortgages, not the Fed.The market building in 150 bps of easing threatens mortgage rates reaching 6%. Weakness in...