Only 1 Rate Cut In 2024? What Does The Latest Fed Guidance Really Mean? | Axel Merk
Thoughtful Money with Adam Taggart
Economic interventions and implications on housing market
The chapter examines the Federal Reserve's micromanagement attempts, the impact of zero percent interest rates, and the shift towards increased intervention in the economy. It discusses rate cuts, housing market dynamics, the influence of deep-pocketed buyers, and the challenges of incorporating housing data into inflation metrics. The conversation also debates the involvement of both the Federal Reserve and fiscal side in the economy, highlighting critiques of government intervention and Powell's handling of economic news questions.
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