

BIG CHANGE | EP.87
Aug 27, 2024
Jerome Powell, Chairman of the Federal Reserve, delivers key insights after a pivotal speech at the Jackson Hole conference. He indicates a strategic shift in economic policy, prioritizing cuts over inflation concerns. The conversation explores the potential re-emergence of variable mortgages as markets adapt. They also touch on the challenges faced by homebuyers who feel trapped in their homes, aimlessly navigate a changing mortgage landscape, and reflect on regulatory troubles at TD bank, underscoring the impacts of government inefficiencies.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7
Intro
00:00 • 4min
Understanding Inflation Trends and Future Rate Discussions
04:25 • 2min
Navigating Mortgage Rates: Fixed vs Variable
06:34 • 8min
TD's Financial Strategies and Regulatory Challenges
14:21 • 3min
Banking Challenges and Controversies
17:21 • 12min
Challenges of Homeownership and Construction Financing
29:01 • 14min
Frustration with Government Inaction on Rail Strike
42:36 • 3min