Shashank Shekhar


Last quote by Shashank Shekhar

Janet Yellen's remarks during her Semiannual Monetary Policy Report to the Congress turned out way more dovish than anyone expected. The report talks about inflation not being a major concern and softening the stance on unwinding the Fed's balance sheet. She also hinted at only a limited number of gradual rate hikes. All this, coupled with political upheaval around Trump Jr.'s meeting with Russian attorney, should bolster the mortgage-backed securities and help with a tad lower mortgage rate for the
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Jul 13 2017
This page is completely dedicated to what Shashank Shekhar has to say. All of Shashank Shekhar’s quotes are organized here by date and topic. The most recent quote attributed to Shashank Shekhar came from an article called Fixed mortgage rates are stuck in a month-long slide: “Slow yet steady movements in last few weeks have now brought the mortgage rates to their lowest level of the year. There are several geopolitical news [events] in the coming week that could have a substantial impact on the rates. There is British election results, Comey testimony, European central bank policy decision and even a possible Fed interest rate hike. With such market-moving news in the mix, it is very difficult to predict mortgage rates, but I am leaning towards a slight decline.”.
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