Fear The Talking Fed! Inflation Restarts As Fed EXPANDS M2 Money (Mortgage Rates Stabilize)

Money, money!

The various talking heads from The Federal Reserve keep jawboning about whether to raise rates or not. One of the major drivers of inflation is … money. M2 Money growth YoY is growing again (blue line)! And with it, inflation has been rekindled.

Mortgage rates? There is a lag between M2 Money printing and conforming mortgage rate growth.

Fear the talking Fed.