HousingWire Daily Logan Mohtashami on the Fed’s gameplan for tariffs
12 snips
May 9, 2025 
Logan Mohtashami, a leading analyst renowned for his insights on the housing market, joins to discuss key economic shifts. He highlights the Federal Reserve's cautious approach to interest rates, closely tied to job market trends. The conversation covers the surprising resilience of homebuyers despite rising mortgage rates, as well as the evolving landscapes of appraisals influenced by AI. Additionally, Mohtashami examines the ramifications of U.S.-China trade relations on economic strategies and tariffs.
AI Snips
Chapters
Transcript
Episode notes
Fed Awaits Job Market Weakness
- The Fed is preparing for rate cuts but insists on seeing weakness in labor data first.
- Jobless claims or rising unemployment are key triggers for rate reductions in 2024.
China's Trade War Tariff Impact
- The US-China trade war heavily impacts tariffs because we import more from China than we export.
- Tariffs aim to shift manufacturing but require broad international support, which is currently lacking.
Jobless Claims Reflect Economy-wide Slowdown
- Jobless claims rise meaningfully only when overall economic growth and consumption slow.
- Federal job losses alone won't drive recession or large jumps in unemployment claims.