Federal Reserve Governor Stephen Miran shares his perspective on economic outlook and monetary policy at the Economic Club of New York on Monday. The Fed last week approved a widely anticipated rate cut and signaled that two more are on the way before the end of the year as concerns intensified over the U.S. labor market. In an 11 to 1 vote that signaled less dissent than Wall Street had anticipated, the Federal Open Market Committee lowered its benchmark overnight lending rate by a quarter percentage point ...

Market Expectations - Markets anticipate a 91.9% probability of a Federal Reserve (Fed) rate cut in October [1]

The FOMC meeting provided a rate cut.That means; the #Altcoin bull run is on the horizon.Why?I've analyzed all of the recent FOMC rate cuts over the last years and it showed this: https://t.co/bwxvSrC8tE ...

Market Trends & Investment Opportunities - The market responded positively to seemingly productive talks between President Trump and China's President Xi Jinping, with major indexes closing higher and at record levels [2] - A Goldman Sachs basket of stocks most owned by retail traders is up over 13% in the past 10 days, marking its first-ever 10-day winning streak, indicating a broader trend beyond just one company [10] - The Fed's September rate cut and five straight weeks of mortgage rate declines are providing some relief to buyers, but affordability remains a significant challenge [36] Open Door Analysis - Open Door's CFO is departing, with Christy Schwarz named as interim CFO, effective at the end of the month [3] - Open Door's stock experienced a surge, going from below $1 to nearly $10 a share, driven by expectations of a turnaround in the housing market and retail investor interest [4] - Open Door's second-quarter earnings showed positive EBITDA, but the third quarter is expected to be worse than analysts anticipated [6][7] - The return of co-founders and Shopify's former COO to Open Door is attributed to the increased stock price and retail investor interest [7][11] - Open Door needs to improve its spreads in home buying/selling, agent capture, and potentially mortgage financing to convince the broader market [15] Meme Stock & Retail Investor Impact - Retail investors actively involved in Open Door are often accredited investors with significant capital, influencing market movements [18][19] - Weekly options play a crucial role in driving stock movements, with aggressive buying of near and out-of-the-money call options reinforcing upward trends [20][21] - Transparency and open communication with shareholders have been key to winning over retail investors in the Open Door situation [12][13][14] Housing Market Dynamics - The housing market is highly sensitive to interest rate changes, with purchase applications picking up when rates decline [37] - A "lethal combination" of high home prices relative to income, elevated interest rates, rising maintenance costs, rising insurance, and rising taxes is holding back buyers [40][41] - Sellers are facing challenges due to a mismatch of expectations and reality, with some pulling their listings due to not seeing the rapid price increases they were accustomed to [43][44] US-China Relations - The US and China are engaging in serious negotiations, with potential for a more stable and predictable relationship compared to the pre-"Liberation Day" period [23][25] - Potential agreements include the Tik Tok deal and restrictions on precursor chemicals for fentanyl export from China, which could lead to tariff reductions [27][28] - China is building an alternative global order, suggesting countries cannot trust the US and should work more with China [29] Global Political Landscape - While many leaders do not want to fight with the US, many lack trust in the US president, leading them to hedge away from the US long term [32] - The G7 is not united in its support for the rule of law, multilateralism, and the UN, potentially allowing China to gain more influence [35]

All right, newly installed Fed Governor Steven Myron is saying he favored a bigger rate cut at the recent FOMC meeting. Here with the latest on this story is our Fed correspondent Jennifer Shawnberger. Jen, good afternoon.miles. New Federal Reserve Governor Steven Myron said he favored a jumbosized rate cut at the central bank's policy meeting earlier this week because he doesn't see any inflation from tariffs and he favors a policy rate that does not restrict the economy nor spur it. Myron telling CNBC in ...

Monetary Policy - The report mentions a Federal Reserve governor who dissented in favor of a steeper rate cut [1] Market Trends - The report is part of Bloomberg's weekly news quiz, suggesting it covers current events and risk-taking in the financial markets [1]

Market Trends & Industry Dynamics - Bloomberg reports Jerome Powell unified the Federal Reserve on a rate cut [1] - Bloomberg is hosting a live Q&A session at 11 a m EDT to discuss the rate cut [1]

Fed Chair Jerome Powell rallied a deeply divided committee of policymakers behind a rate cut, the first cut of the year, after a significant slowdown in job growth https://t.co/gB6iun6cKz ...

Hey, I'm Kramer. Welcome to Mad Money. Welcome to Cra, my friends.I'm just trying to make you a little bit of money. My job is not just to entertain, but to teach. So call me at 1800 743 CBC.Tweet me Jim Kramer. If people were expecting the Federal Reserve to give us fireworks, they were sorely disappointed. Fed chief Jay Pal is not giving hyperbole.He's trying to balance price stability with job growth. And right now the risk tilt against the ladder. As Pal told us today, the labor market is really cooling ...

Wall Street is pretty confident the stock market will get a boost from a rate cut on Wednesday. https://t.co/6NVXNvlwwV ...