On this episode of The Rate Guy, JP unpacks the 911k job revision, rising jobless claims, and what it means for the Fed's credibility. We dive into why the FOMC may already be behind the curve, what cuts are (and aren't) on the table, and why markets are focused on 2026.

We also touch on cap strategies and why negotiating those floors is so important.

As promised here is the Cap/Floor Pricer from our website. https://www.pensford.com/resources/cap-and-floor-pricer