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It all depends on what happens with home prices.
So far, the bond market seems to be doing the opposite of the Fed’s plan. But the cut was anticipated, and recession fears have eased.
But they come with some caveats.
The move was more aggressive than the quarter-point rate cut some analysts were expecting.
Because there happens to be an election on the Tuesday when the Fed would normally meet.
The Federal Reserve is likely to cut rates when it meets this week. Once Fed officials announce a rate cut, the gears of monetary policy start turning.
It was the lead-up to the 1972 presidential election. An era of “stagflation” was ahead. And President Richard Nixon had a plan.
Startups are suffering a hangover from the binge years of early COVID-era investment.
The Nerd Wallet survey found many respondents are waiting for lower interest rates before borrowing to buy a car or refinance a loan.
An invitation-only chance to get up close and personal with Chair Jerome Powell.