HousingWire Daily Logan Mohtashami on the Fed meeting and mortgage rates
9 snips
Mar 19, 2026 
Logan Mohtashami, a lead analyst on housing and mortgage markets, gives data-driven takes on the Fed meeting and market moves. He breaks down Powell's hawkish messaging and what the Fed needs to see in the labor market. He connects inflation, the Iran conflict, and labor trends to 10-year yield and mortgage-rate dynamics.
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Breaking Into A Conference Room To Join Live
- Logan joined the call from Frisco, Texas after breaking into a hotel meeting room due to no internet in his room.
- He joked about 'cracking the code' to get online and appear live on Fed Day.
Fed Signals Wait For Real Inflation Progress
- The Fed adopted a hawkish tone and pushed a clear message that inflation progress is required before any rate cuts.
- Logan Mohtashami highlights Powell saying markets must 'see some improvement in inflation' and labor must meaningfully break first.
Powell Rejects 1970s Style Stagflation Fears
- Powell pushed back on stagflation comparisons, arguing current inflation and unemployment are far below 1970s extremes.
- Logan notes unemployment at 4.4% and PCE around 3.1%, so the Fed won't treat this like 1970s double-digit misery.