Ep. 224 - What Does 4.2% Unemployment Mean For Your Money?

What's Behind the Federal Reserve's Next Move?   In episode 224, Quinton Harris takes a stand against misconceptions about his podcast's purpose, emphasizing its educational nature rather than being a lead generation platform. He explains the extensive methodology behind their market forecasts, drawing from multiple reliable data sources including NAR, MLS, MBS Highway, and others, to provide clarity in a landscape often muddied by sensational headlines.   The episode dives into recent economic indicators, particularly focusing on the CPI and PPI reports, and their implications for Federal Reserve policy. Harris makes a compelling case for why the Fed's focus has shifted from inflation to employment, analyzing recent jobless claims and unemployment figures that suggest a potential rate cut is imminent, with a 98.1% confidence factor for a quarter-point reduction.   [00:00] - Introduction and Podcast Purpose Clarification [03:10] - CPI and PPI Report Analysis [07:46] - Employment Data Discussion [09:29] - Federal Reserve Policy Analysis [12:02] - Future Rate Cut Predictions   Key Quotes:   "This is a factual based podcast with my opinions inside of that." - Quinton Harris   "It's jobs over inflation when it comes to the Federal Reserve at this point." - Quinton Harris "Once unemployment becomes a bad issue, it's something that you can't pull back and say, 'Oh, go hire a bunch of people.'" - Quinton Harris   "If we go over to the FedWatch... it is now at a 98.1 percent confidence factor that they're going to cut the rates a quarter." - Quinton Harris   "I think as soon as that starts to happen, we'll be back in the low sixes, potentially upper fives sooner than later." - Quinton Harris   ______________________   Connect with us: Facebook: https://www.facebook.com/whatsyour1more  Twitter: https://twitter.com/whatsyour1more  Instagram: https://www.instagram.com/whatsyour1more  Spotify: https://open.spotify.com/show/37zPGiz...    LoanPeople:  www.loanpeoplejax.com   Please subscribe, like, and leave a comment to let us know you want to keep the content coming!