Campbell’s Soup & Mortgage Rates — What the Fed Is Really Watching

No, the Fed doesn’t set mortgage rates.
But they do influence the environment those rates live in — and right now, that environment is murky.

Let’s break it down:

• Inflation is at 2.3% — the lowest since early 2021
• Unemployment is steady at 4.2%
• Consumer spending is shifting — and that matters

So why are mortgage rates still stuck?
One word: Tariffs.
Uncertainty around new trade tariffs is making policymakers nervous. Until there’s clarity, the Fed is staying cautious — even though the housing market is softening.

Enter: Campbell’s Soup.
The CEO recently said more Americans are eating at home than at any point since 2020. That’s a big indicator that consumers are cutting back — and when spending slows, the economy follows.

In simple terms:

• Slower spending = slower economy
• Slower economy = potential rate cuts

🥫 Is a rate drop coming in late 2025?
We’ll see. But right now, the signs are pointing toward a shift in buyer advantage.

What should you do now?
With homes sitting longer, negotiation is back — on price, terms, and conditions.

💬 Want a smart strategy for today’s market? Let’s connect.