🇺🇸 For the third consecutive FOMC meeting, US interest rates have been cut by 25bps. Initially, retail enjoyed some nice gains from the news. But as always, when euphoria hit, the FOMO burned many. We take a look at what it all means. 👇https://t.co/AHCTWTao0A https://t.co/6tf6SxF8In ...

China’s benchmark bond yields may fall to their lowest-ever level next year as Beijing is likely to cut interest rates more than expected, according to Societe Generale https://t.co/e9mD10HTiu ...

Bitcoin slipped in Asia trading hours while other risk assets gained after the US Federal Reserve cut interest rates and expressed optimism about the economy https://t.co/aYhNYmpJaP ...

Treasury yields rose to a three-month high on Wednesday morning despite Wall Street's near certainty that the Federal Reserve was just hours away from cutting interest rates. https://t.co/19Y3SgYfpi ...

Federal Reserve Chair Jerome Powell downplayed dissenting votes against Wednesday’s decision to cut interest rates again, but a slew of finer details from the meeting revealed just how divided the central bank has become https://t.co/PXnxoeVLEm ...

>> THE FED DECIDES IN THE MARKET ROUTES REACT. THIS IS ROMAINE BOSTICK. KATIE: I AM KATIE GREIFELD.ROMAIN: WE ARE 10 MINUTES UNTIL THE CLOSING BELL'S AND 30 MINUTES REMOVE FROM THE LAST MANY -- MEETING AND PRESS CONFERENCE. HERE IS THE LAY OF THE LAND. 25 BASIS POINTS WHICH CAME AS EXPECTED AND THE THIRD STRAIGHT CUT WE HAVE GOTTEN THE LAST THREE MEETINGS.WE SHOULD POINT OUT THAT THE POLICY PROJECTION FOR 2026, JUST ONE MORE QUARTER-POINT RATE CUT HEADING INTO NEXT YEAR. THE TWO BIGGEST DEVELOPMENTS IS THE ...

🚨RATE HIKE NOW OFF THE TABLEFed Chair Jerome Powell says interest rates will either stay the same, be cut a little, or cut a lot, not raised. https://t.co/BWEo80z6tT ...

Uncertainty from the US Fed on when it might cut interest rates again will bring a degree of relief to Asia’s markets across asset classes, according to analysts https://t.co/LeOPYIwy2r ...

Core Viewpoint - Federal Reserve Chairman Jerome Powell remains focused on his current role and has not indicated any plans regarding his future or potential successors as President Trump considers candidates for the Fed chair position [1][4]. Group 1: Powell's Position and Future - Powell stated that Trump's search for a new Fed chair does not affect his ability to perform his duties [1]. - He emphasized his focus on his remaining time as chair and has no new information to share regarding his future [4]. - Powell, appointed by Trump in 2017, is set to complete his term in May 2026 [4]. Group 2: Potential Successors - Trump is reportedly considering several candidates to replace Powell, including his top economic adviser Kevin Hassett, current Federal Reserve Board Governor Christopher Waller, and former Fed board Governor Kevin Warsh [5]. - Treasury Secretary Scott Bessent has completed interviews with candidates and submitted five names to Trump, expressing a desire for "forward-looking" regulators [6][7]. Group 3: Trump's Perspective - Trump has publicly criticized Powell, describing him as "stiff" and expressing a desire for a Fed chair who will be honest about interest rates, advocating for the lowest rates in the world [7].

Housing Market Challenges - Housing supply is low [1] - Many people have very low mortgage rates from the pandemic period, making it expensive to move [1][2] - The country hasn't built enough housing for a long time, leading to a housing shortage [2] - A 25 basis point (0.25%) decline in the federal funds rate may not significantly impact the housing market [1] Structural Issues - The industry lacks the tools to address a secular or structural housing shortage beyond adjusting interest rates [2] - The industry needs more housing of different kinds [2]