Ep. 179 - Will Unemployment & Lower Inflation FORCE the FED to lower interest rates?

In this episode, Quinton Harris analyzes the latest economic indicators that could force the Federal Reserve's hand on interest rates. With unemployment creeping up to 4.1% and a surprising CPI reading coming in below expectations, Quinton breaks down why these factors might compel the Fed to cut rates as early as July. He breaks down Jerome Powell's recent Senate Banking Committee testimony, highlighting the Fed's growing concerns about labor market weakness. Additionally, this episode highlights the alarming practice of trigger leads in loan applications, warning listeners about potential privacy risks and scams. Whether you're a homeowner, investor, or simply interested in the economy's direction, this episode offers valuable insights into the Fed's potential next moves and how they could impact your financial future.

[00:00 - 02:56] - Introduction

[02:57 - 04:59] - Jerome Powell's Testimony

[05:00 - 07:05] - Labor Market Concerns

[07:06 - 09:51] - Trigger Leads Explained

[09:52 - 11:22] - HR 2656 Bill

[11:23 - 12:54] - Closing segment

Resources:

Episode 51: https://youtu.be/l3joy_vtaus?si=8NwV2wQlK9D3nWY0

Fed Chart: https://bit.ly/Fedchart

(Credit: MBS Highway)

Key Quote:
“CPI paved the way for what's to come” - Quinton Harris

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