Fed could cut rates Fed rates impeding real estate supply, economist says

On Friday, the Bureau of Economic Analysis will release the updated Personal Consumption Expenditures (PCE) price index, often referred to as the Federal Reserve's preferred measure of inflation. As the Fed has kept rates higher for longer, parts of the US economy have had to adjust.
MacroPolicy Perspectives founder and president Julia Coronado joins Morning Brief to give insight into the upcoming PCE print, from its economic implications to its impact on future Fed policies.
Coronado says that the Fed risks "binding" implications in the housing sector without action on rate cuts: "When it comes to housing supply...high rates do impede supply. There still is excess supply of multifamily housing coming onto the market. This will be a full year of excess supply, more than likely, which is going to keep downward pressure on rents. The Fed is going to need to begin lowering rates soon if it doesn't want a more binding bottleneck in supply to materialize over the next couple of years. At these rates, we are not seeing interest in building housing, and we know we need more supply there, so I think it will be very constructive for the Fed to at least initiate a sequence of cuts."
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[@abrahamgomez653]

The whole world has cut rates already 😭🇺🇲🔥

[@LexisWilson436]

The market is echoing the 2015-16 scenario, poised to reach new heights, but may experience a sideways trend until fed signals rate cut. I recently sold 25% of my portfolio, comprising struggling stocks recommended by certain financial KZbinrs, which unfortunately took a significant hit.

[@Garypryde787]

not their fault, the stock market seems to be more of a casino for gamblers now than a place for investors. even if you were averaging down on ailing companies, its your duty to properly research, buying the dip does not guarantee a rebound

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[@876junk]

Cutting rates will only INCREASE the price of the house!!!

[@sametsamet-sr3nj]

Either way there is no chance of ever buying a house for working class it is a dream only can be reached by the year of age 80 which then we all fucked after paying off the mortgage

[@Sonofawildanimal4241]

KEEP RATES HIGH! IT NEEDS TO COST SOMETHING TO BORROW MONEY!

[@prolifelatterdaysaint0000]

Cut rates now!

[@666dynomax]

Rates aren't even high they're just kinda normal. Quit taking out so much debt and problem solved.

[@SuperMotoPhil]

Lower rates any time soon and no one will be able to afford anything. The rates need to be raised, the economy needs to feel the pain before rates are cut.

[@Sonofawildanimal4241]

Agreed, the economy is doing fine! Put these ghost companies that are not making a profit out of business! Make America land of small businesses again! Plus, the American people can take advantage of HYSAs, CDs and Bonds. That's the way it aught to be