Interest Rate Cuts Have Begun.
The time has come for policy adjustments as Jerome Powell, the Chair of the Federal Reserve, recently indicated at Jackson Hole. With the current federal funds rate at 5.25% to 5.5%, we are witnessing a pivotal moment in U.S. monetary policy as inflation drops to around 3%. This video delves into what these potential interest rate cuts mean for borrowing conditions, mortgage rates, and overall economic health.
As we explore this shift in strategy by the Fed, we'll discuss its implications on employment and price stability while addressing concerns about whether lowering rates is indeed a wise move.
#InterestRates #FederalReserve
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★ ★ CONTENTS ★ ★
0:00 A New Era for Monetary Policy
1:55 Unemployment Data Triggers a Cut
4:00 Will Rates Really Fall That Far?
7:08 Jerome Powell's Opinion
9:28 Steve Eisman's Take
10:28 The Economic Consequences
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