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Podcast: The Real Estate Espresso Podcast
Episode: The Fed Has Spoken. Is Anyone Listening?
Description: On today’s show we’re dissecting the latest Fed rate announcement. While the power of the Fed is often overstated, they do still influence market sentiment in ways that are difficult to fully dissect.
Chair Powell said in his opening remarks that the Fed was making excellent progress against their dual mandate of maximizing employment and maintaining price stability. In meetings over the past two years, the Fed Chairman has emphasized inflation to the point of sounding like a broken record.
But in some sense, none of that matters. After all, the FOMC sets one in...