
Fed Leaves Rates Unchanged as More Officials Predict No Cuts This Year Amid Economic Uncertainty
Mortgage rates will remain steady after the Fed left rates unchanged at its June meeting, as expected. The Fed maintained a forecast of two rate
Chen Zhao is the head of economics research, where she produces research on the housing market for public and internal audiences.
Previously, she was an executive director leading housing finance and financial markets research at the JPMorgan Chase Institute. Prior to joining JPMCI, Chen was an economics consultant at Analysis Group, Inc., where she worked on financial litigation cases and led teams conducting health economics and outcomes research on behalf of pharmaceutical companies.
While in graduate school, Chen was with the Center for Economic Studies and the Social Economic and Housing Statistics Division at the US Census Bureau, where she conducted applied microeconomics research using large scale restricted-access linked survey-administrative data. She started her career at the White House Council of Economic Advisers, where she focused on labor and health economics.

Mortgage rates will remain steady after the Fed left rates unchanged at its June meeting, as expected. The Fed maintained a forecast of two rate

A milder-than-expected May CPI report is unlikely to shift mortgage rates because tariff-induced inflation remains a threat and the Fed will continue to hold off

The official May jobs report remained strong on the surface and mortgage rates will reverse a decline from recent days following a weak ADP employment

President Trump’s newly announced tariffs will impact the housing market in a variety of ways. We’ll be updating this page with new information as the

Mortgage rates will remain unchanged after April inflation data came in as expected. Elevated tariff rates will keep Fed rate cuts on pause for the

Mortgage rates will stay largely unchanged after the Fed held rates steady at its May meeting, opting to remain in a noncommittal “wait-and-see” mode until

Mortgage rates will remain steady after the Fed left rates unchanged at its June meeting, as expected. The Fed maintained a forecast of two rate

A milder-than-expected May CPI report is unlikely to shift mortgage rates because tariff-induced inflation remains a threat and the Fed will continue to hold off

The official May jobs report remained strong on the surface and mortgage rates will reverse a decline from recent days following a weak ADP employment

President Trump’s newly announced tariffs will impact the housing market in a variety of ways. We’ll be updating this page with new information as the

Mortgage rates will remain unchanged after April inflation data came in as expected. Elevated tariff rates will keep Fed rate cuts on pause for the

Mortgage rates will stay largely unchanged after the Fed held rates steady at its May meeting, opting to remain in a noncommittal “wait-and-see” mode until