# The Rate Update —Here's Why the Fed Can't Cut Rates (Yet)

Page: https://stenobird.com/podcast/mortgage-rates-today-housing-market-fed-news-the-rate-update-with-dan-frio-1155244/the-rate-update-here-s-why-the-fed-can-t-cut-rates-yet
Text version: https://stenobird.com/podcast/mortgage-rates-today-housing-market-fed-news-the-rate-update-with-dan-frio-1155244/the-rate-update-here-s-why-the-fed-can-t-cut-rates-yet.md
Podcast: [Mortgage Rates Today | Housing Market & Fed News – The Rate Update with Dan Frio](https://stenobird.com/podcast/mortgage-rates-today-housing-market-fed-news-the-rate-update-with-dan-frio-1155244)
Published: 2026-04-29T14:06:09+00:00
Episode link: https://audioboom.com/posts/8896979
Audio file: https://dts.podtrac.com/redirect.mp3/audioboom.com/posts/8896979.mp3?modified=1777471696&sid=5005820&source=rss
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Duration seconds: 575

## Resource

The Rate Update — Here's Why the Fed Can't Cut Rates (Yet) The Federal Reserve meets today — and the big question for homeowners and homebuyers is simple: Why can’t the Fed cut rates yet? Even if inflation is cooling in some areas, the Fed still has a problem. Core inflation, mortgage rates, Treasury yields, oil prices, jobs data, and market expectations all matter. And today may be especially important because this could be one of Jerome Powell’s final Fed meetings as Chair. In this episode, we break down what the Fed is likely to do, what Powell may say after the meeting, why the market may move more on his press conference than the rate decision itself, and what it could mean for mortgage rates, homebuyers, homeowners, and anyone trying to decide whether to lock, float, buy, wait, or refinance. Today’s key question: 👉 If inflation is cooling, why won’t the Fed cut rates yet? We’ll look at: • The Federal Reserve decision • Why Powell’s press conference matters • Inflation excluding food and energy • Mortgage rates and Treasury yields • Why the Fed may stay cautious • What homebuyers should watch next • Why rate cuts do not automatically mean lower mortgage rates • What this means if you are buying or refinancing No hype. Just real data. CHAPTERS 00:00 The Fed Meeting Homebuyers Need to Watch 00:35 Why the Fed Probably Can’t Cut Yet 01:20 Powell’s Final Fed Meeting? 02:10 Why the Press Conference Matters More Than the Decision 03:05 Inflation Is Cooling — But Is It Enough? 04:10 Core Inflation, Food, Energy, and the Fed’s Problem 05:05 Trump, Powell, and the Next Fed Era 06:00 What Kevin Warsh Could Mean for Future Rate Policy 07:00 Why Mortgage Rates Don’t Follow the Fed Directly 08:10 Treasury Yields, Bonds, and Mortgage Rate Movement 09:15 What Homebuyers Should Do…

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