Newsweek on Nostr: Cooling prices clears way for more Fed rates cuts ========== Federal Reserve's ...
Cooling prices clears way for more Fed rates cuts
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Federal Reserve's favorite inflation indicator shows inflation has dropped to 2.2% from 2.5% in August; Fed cut benchmark interest rate by half-point on September 20, 2024; further cuts of half-point expected in November and December 2024; four additional cuts projected for 2025 and two for 2026; cooling inflation reshapes political landscape, impacting Trump's polling on economic issues; Julius Wealth Advisors CEO Jason Blumstein comments on mortgage rates and potential effects on homeowners.
#FederalReserve #InterestRates #Inflation #Economy #Politics #2024Election #MortgageRates #PceIndex #EconomicPolicy #Trump
https://www.newsweek.com/cooling-price-boost-chance-red-interest-rate-cut-1960397
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Federal Reserve's favorite inflation indicator shows inflation has dropped to 2.2% from 2.5% in August; Fed cut benchmark interest rate by half-point on September 20, 2024; further cuts of half-point expected in November and December 2024; four additional cuts projected for 2025 and two for 2026; cooling inflation reshapes political landscape, impacting Trump's polling on economic issues; Julius Wealth Advisors CEO Jason Blumstein comments on mortgage rates and potential effects on homeowners.
#FederalReserve #InterestRates #Inflation #Economy #Politics #2024Election #MortgageRates #PceIndex #EconomicPolicy #Trump
https://www.newsweek.com/cooling-price-boost-chance-red-interest-rate-cut-1960397