Jerome Powell Shakes the Market Again — What It Means for Rates, Buyers & Sellers | Tom’s Take 452

Jerome Powell’s latest comments rattled the markets after a widely expected 25 bps rate cut — pushing mortgage rates back up despite hitting 3-year lows earlier in the week. Here’s what happened, why Powell’s wording matters, and what buyers & sellers in Greater Philadelphia should do now. We break down inflation data, jobs, predictions for December, and how to navigate housing decisions today.