Inflation & Monetary Policy - The industry views it as difficult to argue for lower rates currently due to uncertainty about future inflation [1] - The industry notes that the pass-through of tariffs into higher prices has been modest so far, but it is still in the early stages [1] - Inflation is a key concern [2] - The industry believes there are no overwhelming signs of weakening economic activity that would necessitate monetary policy stimulus [2] - Current monetary policy stance is not considered tight [2] - There is no obvious reason for lower rates [2]

🇺🇸 US July CPI steady at 2.7%, core CPI ticks up to 3.1% (vs 3.0% est)With inflation largely in line but core slightly hotter, markets eye possible Fed rate cuts next month. 📉💵 https://t.co/t8BQRxmsjt ...

BREAKING:🇺🇸 TRUMP JUST SAID TARIFFS HAVENOT CAUSED INFLATION AND POWELLSHOULD LOWER RATES NOW. https://t.co/1ERK4nP8Uz ...

BREAKING:🇺🇸 TRUMP JUST SAID TARIFFS HAVENOT CAUSED INFLATION AND POWELLSHOULD LOWER RATES NOW. ...

Core Insights - Home Depot, Inc. reported a slight decline in total comparable sales by 0.3% in Q1 fiscal 2025, but six out of sixteen merchandising departments, including appliances and building materials, showed positive comparable sales, primarily driven by the Pro customer segment [1][8] - The company faces challenges from elevated interest rates impacting large-scale remodeling projects, particularly in kitchens and bathrooms, although transactions over $1,000 experienced modest growth, indicating selective higher-value spending [2][8] - Seasonal factors in Q2 may boost demand for construction and repair projects, with appliances likely benefiting from replacement cycles and competitive promotions aimed at value-conscious consumers [3][4] Financial Metrics - The Zacks Consensus Estimate for Home Depot's Q2 sales indicates a year-over-year growth of 5.4%, while earnings per share (EPS) is expected to see a marginal increase of 0.9% [5][8] - Current estimates for Q2 sales stand at $45.51 billion, with a year-over-year growth estimate of 5.42% [6] - The current EPS estimate for Q2 is 4.71, reflecting a year-over-year growth estimate of 0.86% [7] Market Performance - Home Depot shares have increased by 10.7% over the past year, outperforming the industry growth of 6.4% and key competitors like Lowe's (1.6% increase) and Floor & Decor (-24.7% decrease) [9] - The company trades at a forward price-to-sales ratio of 2.29, which is higher than the industry average of 1.62, indicating a premium valuation compared to peers like Lowe's (1.57) and Floor & Decor (1.69) [10]

And very importantly, we have to get interest rates lowered in our country. Our country is the hottest in the world right now. But the one section people are pretty much unable to buy housing.Yes. Because the interest rates are too high. We have no inflation. We have a lot of cash coming in.The tariffs have been unbelievable. Now people that didn't even believe in tariffs are saying what a great move that was. We have hundreds of billions of dollars coming in.Japan just on one deal is paying us $550 billion ...

US stocks rose on Tuesday after the latest consumer price index report stoked bets that the Federal Reserve is virtually certain to resume cutting interest rates next month https://t.co/4j3joQGHfS ...

🇺🇸 TRUMP: Powell must now lower rates.September rate cut incoming. Send it 🚀 https://t.co/sMAV0Icmt8 ...

Well, you heard us talk about it. Our next guest has reportedly uh been added to the short list, President Trump's short list on Fed Chair Pics, former St. Louis Fed President James Bullard. He's now the dean of Purdue University Business School, longtime friend of the show, and I I when I heard the news, Jim, I said, "Well, I don't know if he's a hawk or dove. I just know he's really smart, and I've known you a long time, and I've been out to the St. was fed with you and everything else and I think you'd b ...

Economic Concerns - Job losses or fear of job losses coupled with high interest rates or loan inaccessibility could lead to disaster [1] - The Fed should act promptly [1]