Instant Reaction: The Fed Cuts Rates 50-Basis-Points

The podcast dives into the Federal Reserve's surprising 50-basis-point rate cut, probing its implications for GDP growth, inflation, and unemployment. Listeners will learn how this decision stirred market reactions, affecting everything from the S&P 500 to bond yields. The ripple effects on consumer loans and mortgage applications reveal the challenges ahead amid political uncertainties. Additionally, experts discuss how these monetary changes could influence the housing market and the thriving dynamics that might ensure a soft economic landing.