Black Hole Of Real Estate Podcast
Pivotal Fed Meeting This Week... Episode 264
Pivotal Fed Meeting This Week... ...that will set the tone for the next few months of real estate sales There is a lot of uncertainty as to the Fed's direction at this time They have reduced rates 3 meetings in a row and there is some sentiment that they will hold rates where they are The meeting will take place January 27-28 if rates remain unchanged, they will be in a holding pattern until the next meeting March 17-18 There are a total of 3 more meetings left before the current Fed Chairman Jerome Powell's term expires chances are that there will be 1 or 2 rate reductions before the new chair takes over and it is widely anticipated that the new chair will be more aggressive its going to be interesting to see what the fed chooses to do this week