Ep. 173 - 3 Key Factors Driving Potential Fed Rate Cuts in 2024

In this episode, Quinton and Daniel look at the economic landscape shaping potential Federal Reserve rate cuts in 2024. They explore three critical factors: inflation trends, labor market conditions, and initial jobless claims, discussing how these elements could influence the Fed's decision-making process. They offer expert predictions on the timing and impact of potential rate cuts, while also explaining how these changes could affect mortgage rates and the housing market. This episode is a must-listen for anyone interested in understanding the intricate relationship between Fed policy, the job market, and the future of home buying in 2024.

[00:00 - 01:47] - Introduction

[01:48 - 07:12] - Fed policy outlook

[07:13 - 11:36] - Job market analysis

[11:37 - 15:24] - Unemployment data interpretation

[15:25 - 18:03] - Rate cut impact

[18:04 - 21:51] - Mortgage rate predictions

[21:52 - 23:42] - Housing market comparison

[23:43 - 24:38] - Closing thoughts

Resources:
Lending Update:https://bit.ly/BOElendingupdate

Key Quote:

“Don't discount that the people that are buying houses right now are very well qualified.” - Daniel Halvorsen

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