BREAKING: 🇺🇸 Federal Reserve officially cuts interest rates by 25bps. https://t.co/mDsK4XaPiB ...

🇺🇸 BREAKING: Jerome Powell and the Federal Reserve have decided to cut interest rates 25bps. https://t.co/dpXvL9rLYB ...

BREAKING: 🇺🇸 Federal Reserve cuts interest rates by 25bps. ...

Gentlemen it has been an honor.May we find glorious riches an hour from now.100bps https://t.co/YHEwtNOafFIcoBeast.eth🦇🔊 (@beast_ico):This is all that matters today https://t.co/gDt28p9QIV ...

Fed expected to cut rates for the first time this year later this afternoon. Here with us now at Post 9 is former Goldman Sachs president, current IBM vice chair Gary Conn. Gary also served as the director of the National Economic Council during President Trump's first term.Welcome back. Thanks for having great to have you, especially on a day like today. Is there scope for the market to be disappointed if if Powell isn't dovish enough to meet all their great expectations of more cuts.Look, there's there's ...

Fed expected to cut rates for the first time this year later this afternoon. Here with us now at Post 9 is former Goldman Sachs president, current IBM vice chair Gary Conn. Gary also served as the director of the National Economic Council during President Trump's first term.Welcome back. Thanks for having great to have you, especially on a day like today. Is there scope for the market to be disappointed if if Powell isn't dovish enough to meet all their great expectations of more cuts.Look, there's there's ...

All right, real estate in focus today. A lot of things are, of course, with that Fed rate cut that we're expecting in just a few hours. The rate on a 30-year mortgage did hit a three-year low this ahead of the Fed meeting.Walker and Dunlop chairman and CEO Willie Walker joins us now. We'll talk. Well, let's start on rates.Good to see you, by the way. >> Nice to see you, David. >> Sarah, what is it going to mean for this 25 basis point cut, particularly for the mortgage market, given the longer end may not b ...

The Federal Reserve should cut interest rates by 50 basis points today.Here is the case for such an aggressive cut: https://t.co/DlaOiIewo4 ...

Stocks closed slightly lower Tuesday, a day before the Federal Reserve's decision on interest rates. The Nasdaq and S&P 500 set fresh all-time intraday highs before trailing off, while the Dow Jones Industrial Average slipped 0.3%. https://t.co/MC67sToHeJ ...

Federal Reserve & Interest Rates - The Federal Reserve is expected to cut interest rates by 25 basis points, marking the first cut in about a year [5] - The independence of the Federal Reserve is being challenged, particularly during the Trump term [6][8] - Concerns exist regarding political influence on the Fed, potentially impacting its decision-making process [11] - The Fed's actions significantly influence various aspects of the economy, including mortgage rates, small business loans, and grocery prices [12] - The market is closely watching the Fed's guidance on future rate cuts and the overall economic outlook [21] Economic Disparity & Retail Sales - Retail sales beat expectations in August, but spending is largely driven by the top 10% of earners [13][15] - The top 10% of earners accounted for 50% of spending in the second quarter of the year [15] - The top 10% of earners own about 90% of the stocks, benefiting significantly from stock market gains [17] - The bottom 90% are struggling with wage growth slowing down while prices increase [16] Housing Market - The average 30-year fixed-rate mortgage remains high, around 613%, similar to a year ago [22] - High mortgage rates are freezing the housing market, as people are reluctant to sell due to lower existing mortgage rates [22] TikTok Deal - A deal involving Donald Trump and US investors is nearing completion to create a new US entity to operate TikTok [24] - Concerns remain about the Chinese algorithm continuing to drive TikTok's operations [25]