• Welcome to AppraisersForum.com, the premier online  community for the discussion of real estate appraisal. Register a free account to be able to post and unlock additional forums and features.

FED Holds Steady

A very interesting discussion on CNBC, with Judy Shelton.

Is it possible that our Federal Reserve model isn’t managing inflation properly? That’s something many of us, on both sides of the isle, can agree upon. Ms Shelton is a very start cookie if you take the time to hear the interview.

 

Delayed Data Show Strong Hiring, but Offer Little Clarity for Fed​

The U.S. labor market defied expectations in September, adding 119,000 jobs according to a report delayed nearly seven weeks by the government shutdown. At the same time, the unemployment rate rose slightly to 4.4%, the highest level in four years.

Why the data was delayed​

  • The report was released nearly seven weeks late because of a government shutdown. That delay left policymakers and markets without fresh labor data during a critical period, making it harder to gauge real-time economic conditions.

Implications for the Federal Reserve​

  • The Federal Reserve is heading into its December meeting with stale and inconclusive data. This complicates decisions about whether to continue cutting interest rates.
 

Trump Says He Has Made His Choice to Lead the Federal Reserve​

Trump has frequently excoriated current Fed chief Jerome Powell for failing to lower rates swiftly and signaled he wants a chair who will more forcefully pursue cuts. People familiar with the matter told Bloomberg News last week that White House National Economic Council Director Kevin Hassett, Trump’s chief economic adviser, is seen as the likely choice to succeed Powell.

I HOPE IT WON'T BE KEVIN HASSETT. HE'S A TRUMP SUBSERVIANT LACKEY.
 

Trump Says He Has Made His Choice to Lead the Federal Reserve​

Trump has frequently excoriated current Fed chief Jerome Powell for failing to lower rates swiftly and signaled he wants a chair who will more forcefully pursue cuts. People familiar with the matter told Bloomberg News last week that White House National Economic Council Director Kevin Hassett, Trump’s chief economic adviser, is seen as the likely choice to succeed Powell.

I HOPE IT WON'T BE KEVIN HASSETT. HE'S A TRUMP SUBSERVIANT LACKEY.

Wassamatta Fern? Afraid of the plentiful HARD work coming your way when new FR Chairman Hassett DROPS the rates next year? :cryingsmiley:
 
Find a Real Estate Appraiser - Enter Zip Code

Copyright © 2000-, AppraisersForum.com, All Rights Reserved
AppraisersForum.com is proudly hosted by the folks at
AppraiserSites.com
Back
Top