The Fed’s preferred measure of inflation (Core PCE) moved down to 3.9% in August, lowest since May 2021. The Fed Funds Rate is now 1.5% above core PCE, the most restrictive monetary policy we’ve seen since November 2007. Leave a Comment / Uncategorized / By inothernewsmedia
If it looks like a recession, swims like a recession, and quacks like a recession, then it’s probably a soft landing Leave a Comment / Uncategorized / By inothernewsmedia
“Mortgage applications to buy a house are now lower than back during the post real estate recession GFC time period of 2009 to 2015.” Leave a Comment / Uncategorized / By inothernewsmedia