Jerome powell here in york, pennsylvania last year, some relief. Shes Been paying a higher rate on the Credit Card she uses to fund her Business. My Interest Rates have gone up, so my monthly payments have increased tremendously, so i would like to see the Interest Rates come Back down. Whenjerome powell visited this market, the Federal Reserve was watching closely to see if its Big Interest Rate hikes really were cooling inflation, even though it was tough and small Businesses. Thats aBout to change. Mr powell and his colleagues are set to Interest Rates. In york, the arrival of autumn marks a change. After raising Interest Rates 11 times, americas Central Bank is all But certain to unwind that, But how quickly they go down from here is still up for graBs. Perfectly like this on your porch, and then we price it less than picking up the pumpkins themselves. At this farm shop, the reBirth of the economy, as inflation falls closer to the feds official target of 2 , is yet another moment
Point to 3. 5 . So have those eurozone nations turned a corner on inflation . Joining me now is charles younes, deputy chief Investment Officer at financial Analysis Company fe info. Good to have you with us. Make that link for us. We saw that cut earlier in the week, and it seems as though it backs up that decision they made earlier. Yes, i fully agree with you on that point. The ecb has been very clear, they have been slow in Cutting Rates, and really it is about inflation. So the number given this week confirms that the ecb needs to be very slow in Cutting Rates. It that the ecb needs to be very slow in Cutting Rates. Slow in Cutting Rates. It also suggests slow in Cutting Rates. It also suggests that slow in Cutting Rates. It also suggests that the slow in Cutting Rates. It also suggests that the european | suggests that the European Central Bank had a very different tactic versus the Bank Of England and the us federal reserve. What does it tell about their thinking and whether the
Welcome to Business Today live from new york. Shares are inching higher on Wall Street ahead of the most closely watched meeting of the Us Federal Reserve in years. In just underfive federal reserve in years. In just under five hours time the fed is expected to finally start cutting the cost of borrowing from its two decade high. But how deep are the first could be and with concerns in some quarters about a rapidly weakening us economy, has the fed left it too late . Let s get more from the chief fixed Income Strategist at janney montgomery scott. The big debate here, 25 or a 50 Basis Point Cut. What are you expecting . Basis point cut. What are you petting . Expecting . Its a close call. I think there expecting . Its a close call. I think there is expecting . Its a close call. I think there is relatively think there is relatively little economic impact from one or the other depending on how that decision is made. 0ur Expectation is that the federal reserve will reduce overnight Intere
Pandemic may not fix america s housir the interest rates come to see the interest rates come back down. To see the interest rates come back down to see the interest rates come back down. ~ g. ,. , back down. When jerome powell visited this back down. When jerome powell visited this market, back down. When jerome powell visited this market, the visited this market, the federal reserve was watching closely to see if it s big interest rate hikes really were calling information, even though it was tough and small businesses. That s about to mr powell and his change. Mr powell and his change. Mr powell and his colleagues are set to interest colleagues are set to interest rates. In york, the arrival of rates. In york, the arrival of autumn marks a change. After autumn marks a change. After raising interest rates 11 raising interest rates 11 times, america s central bank times, america s central bank is all but certain to unwind is all but certain to unwind fat, but how quickly they go f
That s about to change. Mr powell and his colleagues are set to interest rates. In york, the arrival of autumn marks a change. After raising interest rates 11 times, america s central bank is all but certain to unwind that, but how quickly they go down from here is still up for grabs. Perfectly like this on your porch, and then we price it less than picking up the pumpkins themselves. At this farm shop, the rebirth of the economy, as inflation falls closer to the fed s official target of 2%, is yet another moment of change. We want stability. Isn t that what everyone wants? that means security. Stability means you can t predict what your business will do, how your community will grow, all those things, and that means you are secure. Still, on the outskirts of town, the first rate cut since the pandemic may not fix america s housing market. Ben rutt is director of marketing at keystone custom homes. He tells me, despite the mortgage squeeze, house prices here have remained high. Economi