Federal Reserve Still Indicates Rate Cuts Later This Year (Episode 118)

27/06/2024 34 min
Federal Reserve Still Indicates Rate Cuts Later This Year (Episode 118)

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Episode Synopsis

The Federal Reserve decided to keep rates unchanged in the latest FOMC meeting but signaled that at least one rate cut is still on the table. Meanwhile, rate volatility has stabilized over the past couple weeks and more properties continued to be listed on the market. Home sales in the California housing market remain soft but are expected to improve in coming months.

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