loanDepot analyst Jeff DerGurahian says US mortgage rates will likely remain around 7% in Q4 as equity weakness, especially in tech, is drawing buyers back into bonds and capping yields. Rising oil, however, is amplifying inflation concerns and could force the Fed to hike at least once this year; rates should hold near current levels until either equity-driven bond demand or oil-driven inflation pressure predominates.

美股三大股指期貨週一開盤持穩。

White House NEC Director Hassett said declines in beef and egg prices notwithstanding, September CPI indicates overall inflation still requires policy attention. He noted the past three months looked contained but September shows a rebound that could be a brief bounce or temporary volatility. Hassett said he respects the Fed’s independence and that the central bank will act as it deems appropriate, and flagged rising consumer optimism and stronger spending as items the Fed should monitor.