Central banks around the world are now starting to cut interest rates. With the Bank of Canada and the ECB being the first two central banks to cut. Does that mean that the Federal Reserve might be next?
REVENTURE APP: https://www.reventure.app
Inflation levels are still elevated across America. With the 3.3% inflation rate today being healthily above the Fed's 2% target. This indicates that the Fed is unlikely to cut interest rates in the near term.
Betting markets suggest we will see 1-2 Fed Rate cuts before the end of this year. This would push mortgage rate down to 6.5% range. Which would not be enough to bring many homebuyers back into the market.
---
Access Exclusive Data and Videos as a Channel Member: https://www.youtube.com/channel/UCVTQunGrE3p7Oq8Owao5y_Q/join
DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Neither Reventure Consulting or Nicholas Gerli are registered financial advisors. Your use of Reventure Consulting's YouTube channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-Mail, and Instagram) for communications with Reventure Consulting does not establish a formal business relationship.
Image(s) and/or Footage used under license from Shutterstock.com. https://www.shutterstock.com/
Additional stock footage provided by Envato Elements. https://elements.envato.com/