💥BREAKING:🇺🇸 Odds Jerome Powell cuts rates hit 97.5%, with an 85% chance of a 25 bps cut, per Polymarket. https://t.co/8tsyOb7xSJ ...

Interest Rate Impact - The market has priced in a 100% chance of a rate cut next week, which is a major topic at the housing summit [1][2] - Lower interest rates are expected to reduce the cost for builders by potentially lowering the need to buy down rates [3] - Lower mortgage rates would increase confidence in home sales, encouraging land developers to supply more lots to home builders [5] Land Market Dynamics - In Q2, Brookfield generated $500 million in land revenue, but lot sales and prices experienced declines across both residential and commercial sectors [6] - A report indicated that land demand decreased by 23% in the past quarter, mirroring trends observed in 2022 when mortgage rates decreased [6] - Brookfield operates as a land banker, lot serer, and community developer, with the majority of its portfolio focused on long-term master-planned communities [7][8] - New land banks may see lower values, but existing contractual agreements remain largely unchanged, with builders continuing to take down lots as contracted [9] Housing Market Outlook - Starts are projected to be somewhat flat next year, but builder demand for the second half of the year is expected to moderate slightly [10] - Community side of the business remains strong, with builders still requiring lots in community developments [10] - There is support for a "chips act equivalent" for housing, focusing on opening up more federal land for housing development [11] - There is potential to partner with the building industry to develop federal land in high-demand housing locations [12]

For more on the inflation print, the market reaction, let's bring in Westwood Holdings Group CEO Brian Casey. Westwood has more than 18 billion dollars in assets under management. How how are you positioned right now given the backdrop.You know, we're we're always going to invest in highquality companies that are improving that are mispriced. So, that has been our mantra for 42 years and we can always find those kinds of companies. I was going to say, is that harder though with record highs as everything ha ...

Core Viewpoint - Jim Cramer discussed The Home Depot, Inc. (NYSE:HD) in the context of interest rates, highlighting its performance and potential future movements based on Federal Reserve actions [2][3]. Group 1: Stock Performance - Year-to-date, The Home Depot, Inc. (NYSE:HD) has gained 6.4%, underperforming the S&P 500's 11% gain [2]. - The stock was previously a leader but has recently lagged behind, with Cramer emphasizing the importance of being invested when the Fed cuts rates [2][3]. Group 2: Consumer Sentiment and Economic Environment - The CEO of The Home Depot noted a "deferral mindset" among consumers due to a high-interest-rate environment [2]. - Cramer indicated that if the Fed cuts rates, long-end rates might decrease, potentially stimulating stock prices, including The Home Depot [2][3]. Group 3: Housing Market Insights - Cramer mentioned a significant potential increase in housing starts, suggesting a positive outlook for housing-related stocks like The Home Depot [3]. - He expressed confidence that The Home Depot could see substantial growth, contrasting its recent stagnation [3].

The governing council today decided to keep the three key ECB interest rates unchanged. Inflation is currently at around our 2% medium-term target and our assessment of the inflation outlook is broadly unchanged. The new ECB staff projections present a picture of inflation similar to that projected in June.They see headline inflation averaging 2.1% in 25, 1.7% in 26, and 1.9% in 27. For inflation, excluding energy and food, they expect an average of 2.4% in 25, 1.9% in 26, and 1.8% in 27. The economy is pro ...

Summary of European Central Bank Update / Briefing September 11, 2025 Key Points on the ECB and Economic Outlook ECB Interest Rates and Inflation Projections - The European Central Bank (ECB) decided to keep the three key interest rates unchanged, with inflation currently around the 2% medium-term target [2][11] - Headline inflation is projected to average 2.1% in 2025, 1.7% in 2026, and 1.9% in 2027, while inflation excluding energy and food is expected to average 2.4% in 2025, 1.9% in 2026, and 1.8% in 2027 [2][7] - The economy is projected to grow by 1.2% in 2025, revised up from 0.9% expected in June, with a slight decrease in growth projection for 2026 to 1% [2][4] Economic Resilience and Consumer Spending - The economy grew by 0.7% in cumulative terms over the first half of the year, driven by strong domestic demand [4] - The unemployment rate was reported at 6.2% in July, which is expected to boost consumer spending as people save less of their income [4][6] - Investment is expected to be supported by substantial government spending on infrastructure and defense [5] Risks and Challenges - Risks to economic growth are now considered more balanced, with recent trade agreements reducing uncertainty [8] - Geopolitical tensions, such as the conflict in Ukraine and the Middle East, remain significant sources of uncertainty [8] - The outlook for inflation is uncertain due to the volatile global trade policy environment, with potential for both lower and higher inflation depending on various factors [9] Financial and Monetary Conditions - Short-term market rates have increased, while longer-term rates have remained stable [10] - The average interest rate on new loans to firms decreased to 3.5% in July, with corporate borrowing costs continuing to decline [10] - Growth in loans to firms was reported at 2.8%, and corporate bond issuance rose to 4.1% [10] ECB's Approach to Monetary Policy - The ECB will follow a data-dependent and meeting-by-meeting approach to determine monetary policy stance, without pre-committing to a specific rate path [3][11] - The Governing Council emphasizes the importance of assessing incoming economic and financial data to inform interest rate decisions [3][11] Additional Insights - The ECB is focused on ensuring that inflation stabilizes at the 2% target in the medium term, with a commitment to adjust instruments as necessary [11] - The introduction of a digital euro and the completion of the Savings and Investment Union are highlighted as critical for future economic stability [6] Conclusion - The ECB remains vigilant in monitoring economic conditions and is prepared to adjust its monetary policy as needed to maintain stability and support growth in the euro area [11]

Steve Leeman and Rick Santelli are here for what we should get on time and that is the CPI. Rick, you got it. Or Steve up 0.4% uh versus an estimate of 0.3% uh real earnings minus 0.1%.Obviously, the inflation numbers taking that off. Uh let's see what we got here. Uh year-over-year uh headline 2.9% right in line. X food and energy 3.1% right in line.No adjustment to the prior number. Uh but the one thing is the headline the uh core at 03 is exactly in line with estimates. Uh let's see what else we have her ...

Underlying US inflation rose as expected in August, keeping the Federal Reserve on track to cut interest rates next week. https://t.co/2Mz4mulRaj ...

Joining us right now is our special guest, David Rubenstein. He's co-founder and co-chairman of the Carile Group. He's also the owner of the Baltimore Orioles.And David, there are so many directions we could go with you. I was thinking about starting with inflation because we have a consumer price index coming up in a about an hour and a half. But you sat down and started talking about some numbers that you looked back.We're celebrating our 30th anniversary and you looked back 30 years ago. Uh what struck y ...

GOOD MORNING. THIS IS BLOOMBERG "DAYBREAK: EUROPE." I’M TOM MCKENZIE IN LONDON. THESE ARE THE STORIES THAT WILL SET YOUR AGENDA.BRACING FOR A POTENTIALLY PIVOTAL U.S. INFLATION REPORTS. IN EUROPE, THE ECB IS SET TO KEEP RATES ON HOLD TODAY. URGING NATO ALLIES TO PROVIDE MORE AIR DEFENSE SYSTEMS AFTER A RUSSIAN DRONE INCURSION.THE E.U. VAW VOWS TO RAMP UP SANCTIONS ON COW. CONSERVATIVE ACTIVIST AND TRUMP ALLY CHARLIE KIRK HAS BEEN SHOT DEAD. HE WAS CREDITED WITH ENERGIZING THE NATION’S YOUTH VOTE PAVING THE ...