For over a year the whole audience has heard "when will the Fed

cut" — and this week two of the most senior voices on the FOMC used blunt, on-the-record language to say the opposite is

now realistic. It directly reframes the "should I lock or wait"

Debbie Marcoux, NMLS ID 237926 also licensed in AZ-0941504, CA-DBO237926, FL-LO76508, GA-69178, HI, IL-031.0058339, MO, NC, NV-57237, OR, TN-184373, TX, WA-MLO-237926