What The FED? Higher For Longer As They Wait For More Data…Still…

May 02, 2024 00:17:06
What The FED? Higher For Longer As They Wait For More Data…Still…
Digital Finance Analytics (DFA) Blog
What The FED? Higher For Longer As They Wait For More Data…Still…

May 02 2024 | 00:17:06

/

Show Notes

On Wednesday we got the FOMC decision, and Federal Reserve Chair Jerome Powell’s roughly 50 minutes press conference, but it was hardly worth the watch as he said price growth will likely resume cooling this year, but avoided offering a timeline for rate cuts. It seems, the burst of inflation seen in the first quarter has reduced policymakers’ confidence that price pressures are ebbing. The central bank’s preferred gauge, the personal consumption expenditures index, rose 2.7% in March from a year earlier. That compared to a 2.5% advance in January. Policymakers explicitly acknowledged that data by adding a line to […]

Other Episodes

Episode

August 23, 2026 00:20:38
Episode Cover

Yet Another Housing Price Gotcha!

More data this week showing property prices continue to fall, driven my multiple drivers, from interest rates, poor wages growth, high inflation changes to...

Listen

Episode

January 22, 2020 00:12:00
Episode Cover

How Bushfires May Impact Tourism [Podcast]

We look at the tourism data to assess the impact on GDP, regional visits and the education sector. How much of the $60 billion...

Listen

Episode

August 26, 2019 00:33:26
Episode Cover

A Week In A Day With Edwin Almeida [Podcast]

Property insider Edwin Almeida and I discuss the latest news – with a focus on the future of the real estate industry. It is...

Listen