Ep. 193 - What the Fed Isn't Telling You About the Upcoming Rate Cuts...
Why is the Federal Reserve finally acknowledging the need for a rate cut? This episode examines the recent developments at Jackson Hole and the implications for the labor market and inflation. We explore the potential scenarios for rate cuts - 25, 50, or even 75 basis points - and what they mean for the economy. Learn how the unemployment rate and revisions to job creation numbers are influencing the Fed's decisions. Whether you're an investor, a job seeker, or simply interested in economic trends, this episode provides crucial insights into the future of interest rates and their impact on various sectors, including real estate and the stock market.
[00:00] - Introduction and context of the episode
[01:00] - Breakdown of Jerome Powell's Jackson speech
[02:00] - Analysis of the labor market's influence on Fed decisions
[05:00] - Unemployment rates and Federal Reserve comfort levels
[09:00] - Examination of job report revisions and their significance
[12:00] - Predictions for upcoming rate cuts and their probabilities
[15:00] - Impact of potential rate cuts on real estate and refinancing
[16:32] - Closing thoughts and anticipation of the September 16th decision
Resources:
https://bit.ly/193resources
Key Quotes:
"The time has come for the federal reserve to finally acknowledge the rate cut." - Quinton Harris
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