Could mortgage interest rates decline again after this week's Federal Reserve meeting? Here's what to consider.

Without tariffs, economists say it’s possible the Fed would soon reduce its benchmark rate, because it is currently at a level intended to slow borrowing and spending and cool inflation. Yet the Fed can’t now cut rates with Trump’s broad tariffs likely to raise prices in the coming months.

We expect Powell to push back against market pricing and signal a renewed priority on price stability. Officials like Richmond Fed President Thom