Pivotal Fed Meeting This Week... Episode 264
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Pivotal Fed Meeting This Week... Episode 264
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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
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