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The Fed just announced its first interest rate cut in nine months, dropping rates by 0.25%. In this episode, KT and Kent Temple break down what that means for mortgage rates, credit cards, and small business loans, and why more cuts could be coming soon. They also explain the tug-of-war between rising inflation, creeping unemployment, and strong consumer spending. Plus, the hosts dive into some behind-the-scenes drama inside the Fed and share their take on whether we’re heading toward an AI bubble. Packed with insights for real estate pros, investors, and anyone following the economy, this short episode gives you the facts you need to stay ahead.
By KT TempleThe Fed just announced its first interest rate cut in nine months, dropping rates by 0.25%. In this episode, KT and Kent Temple break down what that means for mortgage rates, credit cards, and small business loans, and why more cuts could be coming soon. They also explain the tug-of-war between rising inflation, creeping unemployment, and strong consumer spending. Plus, the hosts dive into some behind-the-scenes drama inside the Fed and share their take on whether we’re heading toward an AI bubble. Packed with insights for real estate pros, investors, and anyone following the economy, this short episode gives you the facts you need to stay ahead.