Ep. 244 - Rate Cut Chaos: Brace Yourself!

Hey, subscribe to What’s Your 1 More Podcast for key insights! What's the deal with Trump, Powell, and the Fed? This episode dives into the Fed Funds meeting, inflation data, and the labor market. Is the Fed going to lower interest rates, and what does this mean for homeowners? Quinton discusses the impact of tariffs and the uneasiness in the market. "I think we have some significant signs of weakness in the labor market" - Quinton Harris Connect with us: Youtube: https://www.youtube.com/@whatsyour1more Apple: https://podcasts.apple.com/us/podcast/whats-your-1-more/id1647180355 Facebook:  / whatsyour1more Twitter:   / whatsyour1more Instagram:   / whatsyour1more Spotify: https://open.spotify.com/show/37zPGizSKOGid1NVnm92i5 If you are interested in obtaining a home loan feel free to reach out to Texana Bank Mortgage at https://mortgage.texanabank.com If you enjoyed this episode, please like, subscribe, and share your thoughts in the comments—your feedback and engagement mean the world to us and help shape future episodes of What’s Your One More! Thank you for being part of our community!   00:00:00 Intro to Fed Watch    00:00:20 New sponsor alert    00:00:50 Trump vs. Powell    00:01:03 Labor over inflation    00:01:24 PCE and Labor data    00:01:44 Fed likely to do nothing    00:02:19 Fed is independent    00:02:45 Trump/Powell relationship    00:03:43 Trump's banter    00:04:30 PCE data details    00:05:59 Inflation at 2.3%    00:06:09 Focus on labor market    00:06:44 Private sector jobs    00:07:34 Job cuts not improving    00:07:54 ADP report: uneasiness    00:08:39 Market volatility    00:08:43 Signs of weakness    00:09:10 Potential runaway train    00:09:44 Tariffs impact on prices    01:10:59 Trump administration pressure    01:11:24 Rate cut forecasts    01:11:44 Trump's reaction    01:12:14 Scott Besson's job    01:12:54 Fed Funds meeting preview    01:13:19 Subscribe to the channel