About Jon Iacono
Jon Iacono brings his 21+ years of experience in the industry to Advisors Mortgage Group. Jon was born in Brooklyn, NY but has lived the majority of his life in Monmouth County, NJ. As a graduate of Monmouth University with a concentration in Management and Computer Science, Jon brings his training and education to Advisors Mortgage to help grow and manage the recruiting team.
Jon worked alongside many mortgage and real estate industry professionals previously with Mortgage Intelligence companies such as, Mortgage Market Guide, Loan Tool Box, Certified, Scripts for Success, CMPS, MBS Highway, Turning Point CRM and more. Jon gives back to his community and has been an active volunteer firefighter for the Colts Neck 84 -1 station since 2004. He enjoys staying active by playing golf, lifting weights, boxing, training Jiu Jitsu and most importantly spending time with his two kids Lily and Jonny Jr.
Fed’s Waller Supports Interest Rate Cuts This September
September 8, 2025
Federal Reserve Governor Christopher Waller, seen as a potential successor to Jerome Powell as Fed chair in 2026, said he supports beginning interest rate cuts at the Fed’s September 16–17 meeting. In an interview, Waller argued that the labor market can weaken quickly, making it important to act soon, though he stressed that rate cuts don’t need to follow a fixed schedule and should respond to economic data. He suggested multiple cuts over the next three to six months, as he sees current rates as 1.0 to 1.5 percentage points above “neutral.”
Waller, one of two governors who dissented from the July decision to hold rates steady—the first such dual dissent in over 30 years—acknowledged tariffs will weigh on growth but said he does not expect a recession. He also emphasized the importance of Fed independence regardless of future leadership.
Source : http://bit.ly/3JNUAHU