10min chapter

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No Tax On Tips, Deep Fakes & LGBTQ Friendly Traffic Signs | PBD Podcast | Ep. 425

PBD Podcast

CHAPTER

Federal Reserve rate cut predictions and Biden's 2024 election chances

The chapter explores contrasting expert views on the likelihood of a rate cut by the Federal Reserve before December, with Chairman Powell suggesting it's improbable. There are discussions on the timing of potential rate cuts and their impact on mortgage and auto loan rates. Additionally, the episode delves into the current economic factors affecting Biden's chances in the 2024 election, mentioning a fundraiser in LA that raised $30 million for his campaign.

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