Ep. 336 | Fed Decision: Not Great, Not Terrible

Cape Fear Report
02/05/2024 20 min
Ep. 336 | Fed Decision: Not Great, Not Terrible

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Episode Synopsis

SUMMARY: The Federal Reserve held rates at 5.5% but all eyes were on Jerome Powell's press conference where he argued a rate hike was unlikely but a rate cut was also unlikely anytime soon.  Job openings fell to the lowest level in 3 years giving some hope that Friday's jobs report could be lower than expected...The Fed Holds Rates, While Powell Rules Out a HikeJob Openings Fall to the Lowest Level in 3 YearsDISCLAIMER: TowneBank Mortgage, NMLS #512138, is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201

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