30 days away: Will inflation halt a potential September Federal Reserve rate cut?

Date:

Share post:


The market may start to get a clearer picture of what’s going to happen in September coming up this week. On Wednesday, the notes from the last Fed meeting will be released. In addition, Fed chair Jerome Powell will speak Friday at the Jackson Hole Symposium, which could give clues as to the action the chair expects the central bank to take.

While the Fed has held steady, a weaker-than-expected jobs report has helped cause mortgage rates to slide to the lowest point in 2025. Boesel said a continued decline could bring more buyers and sellers into the market.

“If rates drop a little bit more, you may have some of those borrowers who’ve been waiting just to get that affordability with the rates,” she said. “I think that’s what you’re going to see. That rate drop might just open up things for them.”

Other data to watch

Boesel said the Fed will also be keeping an eye on employment numbers in addition to inflation. As for home buyers and sellers, housing inventory will also play a factor in getting the housing market moving.

“I think employment is important because the Fed will want to watch where that’s going,” Boesel said. “Keep your eye on employment and inventories as well. For current owners, if inventories increase, that’s not such a great thing for them in selling and getting a good price on their home. That works in the favor of new buyers.



LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related articles

How We Built a $3.6B Company in an Uncharted Industry

Opinions expressed by Entrepreneur contributors are their own. Key Takeaways Balance experimentation with the reliability of your core offering,...

With the Market Flashing Warning Signs Not Seen Since the Dot-Com Bust, Is Pfizer’s 6% Yield a Safe Haven or a Trap?

The Shiller CAPE Ratio is at its second-highest reading in 150 years. The last time it was...

Basic Investments | You Can’t Save Your Way to Wealth

Saving money is important, but is it enough to build wealth? In this episode of Cele’s Reflections, we...

The Path to 8% Mortgage Rates

Dave:This has been an insane week in the bond market and subsequently in the housing market, we...