Ep. 137 - Will the Federal Reserve Cut Rates in March?
Are you curious about what's ahead for interest rates? In this episode, Quinton reveals why he believes the Federal Reserve will likely lower interest rates in their March meeting, despite some contrary opinions. He breaks down the nuances of inflation readings, particularly the PCE (Personal Consumption Expenditures) index, which the Fed closely monitors. With PCE readings hovering around the Fed's 2% target and jobless claims remaining stable, the stage is set for a potential rate cut, providing relief to mortgage markets. But that's not all – he also shares a bonus tip on how to tackle credit card debt without sacrificing your current low mortgage rate. Click the link at the bottom to book a call to learn more. [
00:00 - 01:01] - Introduction
[01:02 - 04:38] - Consolidate without losing your rate
[04:39 - 08:48] - Analysis of economic indicators
[08:49 - 10:42] - Job market & unemployment statistics
[10:43 - 12:47] - Closing thoughts
Key Quote:
"I do think that as we move out throughout the year, there will be more than three cuts." - Quinton Harris
Book a call with Daniel: https://calendly.com/dhalvorsen/introductory-call
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