One Rental At A Time THE FED WANTS TO CUT IN DECEMBER
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Dec 3, 2024 Explore the Federal Reserve's potential interest rate cuts, as leaders share insights about the economy and labor market. Delve into an inspiring story of one individual's leap from a traditional job to financial independence through eBay sales and real estate. Uncover the importance of monitoring personal finances as a way to achieve freedom, with a focus on discretionary spending and community engagement ahead of a big Vegas event. It's a mix of economic analysis and personal empowerment!
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Fed Rate Cut Expectations
- The Federal Reserve likely wants to cut rates in December 2024 by 100 basis points.
- Several Fed presidents hinted at a December rate cut, but future cuts are uncertain.
Labor Market and Neutral Rate
- The labor market appears balanced, even after a potential 75 basis point cut.
- There is ongoing debate about the neutral rate, impacting future decisions.
From Bras to Real Estate
- A featured speaker at the Las Vegas event quit his movie theater job in 2019.
- He prioritized eliminating debt, focused on work, flipped bras on eBay, and invested in real estate.