The weight of everything overwhelms its importance. What is the right choice? What if we are wrong? There is also a dilution of impact—if every action is critical, it becomes difficult to prioritize.

We need freedom or liberation from overthinking.

So, what am I getting at? Simply put, the Federal Reserve has overthought everything and needs to take a deep breath and step back. The Data is pointing to a slowing economy and lower inflation.

• Tom Barkin Richmond Fed President -Stock Market Selloff this week, Not something monumental. We can Steadily cut rates.
• Jeff Schmid Kansas City Fed President – Gives more confidence inflation headed to 2% goal.
• Austan Goolsbee Chicago Fed President – Central Bank’s policy is too tight.

Below graph shows the rate improvement to the right. Up is lower rates. I am encouraging clients to get pre-approved for a refinance or purchase. we do soft credit pulls so no harm looking under the hood.