The next Fed meeting is crucial for real estate investors and the economy. So, what will the Fed do? Are we getting the 0.25% rate cut that many experts predict, or will a 0.50% rate cut come due to further weakening of the economy? The job market is already struggling, and the Fed needs to make a move—fast. The question is: will whatever they do next be enough to stop us from falling into a high-unemployment economy? We’re getting into it in this BiggerNews!
We brought in the chief economics correspondent for The Wall Street Journal, Nick Timiraos, to give us the latest update on the Fed, what could happen in September’s Fed meeting, and what’s in store for rate cuts. Nick agrees that this meeting is more crucial than most and that the decisions made could significantly impact the economy and real estate.
How many rate cuts will we get this year? How big will the rate cuts be? And who’s deciding these rate-cut decisions in the first place? Nick knows the Fed better than almost anyone and shares exactly what they’re thinking and where they believe rates are headed in today’s episode.
Dave:
We’re at a key inflection point with the economy right now, as we enter the fall of 2024, inflation is starting to come down, but unemployment is rising at the same point. And as a result, all eyes are on the Federal Reserve and whether they’re going to actually start to cut interest rates, and this topic about what the Fed is going to do is really important for real estate investors. And as such, we have a great guest, wall Street Journal, chief Economics correspondent, Nick Timiraos joining us today to help us understand what is going on with the Fed. And I’m excited for this because Nick is honestly one of the best in the business at making sense of the Fed behavior and also at interpreting what it all means for regular people and for real estate investors like us.
Dave:
Hey everyone. Happy Friday, Dave here. We’ve got a great bigger news show for you…