Interest Rates and Labor Market Insights

The next Fed meeting is crucial for real estate investors and the economy. So, what will the Fed do? Are we getting the 0.25% rate cut that many experts predict, or will a 0.50% rate cut come due to further weakening of the economy? The job market is already struggling, and the Fed needs to make a move—fast. The question is: will whatever they do next be enough to stop us from falling into a high-unemployment economy? We’re getting into it in this BiggerNews!

We brought in the chief economics correspondent for The Wall Street Journal, Nick Timiraos, to give us the latest update on the Fed, what could happen in September’s Fed meeting, and what’s in store for rate cuts. Nick agrees that this meeting is more crucial than most and that the decisions made could significantly impact the economy and real estate.

How many rate cuts will we get this year? How big will the rate cuts be? And who’s deciding these rate-cut decisions in the first place? Nick knows the Fed better than almost anyone and shares exactly what they’re thinking and where they believe rates are headed in today’s episode.

In This Episode We Cover:

2024 Fed rate cuts and how big the first one could be at the next Fed meeting 

Why rising unemployment is putting even more pressure on the Fed to make a move

Whether or not home prices could shoot back up once mortgage rates fall

How many rate cuts is the Fed expecting to make in 2024 (more than we thought before!)

The “signal” that the Fed is sending with their decision in the next Fed meeting 

And So Much More!

Links from the Show

Invest in Turnkey Properties with REI Nation

Join BiggerPockets for FREE

Let Us Know What You Thought of the Show!

Try Baselane, the One Platform for All Your Property Banking & Finances

Thrive in Any Market with “Recession-Proof Real Estate Investing”

Find Investor-Friendly Lenders

See Dave at BPCON2024 in Cancun!

The Fed Is Planning to Cut Rates Soon. Here’s How Investors Should Prepare

Learn More from Nick

Connect with Dave

(00:00) Intro

(02:10) The Fed Explained

(03:59) September's Crucial Fed Meeting

(07:05) Who Decides the Rates?

(13:23) 0.25% or 0.50% Rate Cut?

(17:27) Risks to Real Estate

(23:30) Unemployment is Rising

(29:33) Rate Cut Predictions

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1017

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.

Learn more about your ad choices. Visit megaphone.fm/adchoices