08/04/2025
Possible good news coming regarding the interest rates.
No rate increase just yet. But, read the article below. The Probability of a September rate cut has jumped to over 80%, according to market pricing. Regardless of the political backdrop,
MARKET MOVING NEWS
Weekly Market Recap: Jobs Report Reveals Underlying Weakness — Why It Matters
President Trump has fired the Commissioner of the Bureau of Labor Statistics (BLS), the agency responsible for producing key labor market data. The timing is striking, as the most recent jobs report included a massive downward revision of 258,000 jobs over the prior two months and a weaker-than-expected July gain of just 73,000. While the move to fire the BLS chief has raised eyebrows, the revised data itself may work in Trump’s favor, especially as he pushes for lower interest rates heading into the election. The Federal Reserve has made it clear that it will only cut rates if inflation sustainably returns to its 2% target or if the labor market shows meaningful signs of deterioration. With job growth now looking substantially softer and wage growth beginning to moderate, the probability of a September rate cut has jumped to over 80%, according to market pricing. Regardless of the political backdrop, markets are navigating truly uncharted territory as economic data, central bank policy, and election-year dynamics converge.
Last week’s economic news gave markets and the Fed a lot to think about. Here's what realtors and homebuyers need to know:
Fed Meeting: No Rate Cut (Yet)
The Federal Reserve held interest rates steady for the fifth straight meeting, as expected.
For the first time in over 30 years, two Fed governors dissented—supporting a rate cut.
The Fed is watching inflation and the job market closely, and their next move may hinge on how both evolve in the coming weeks.
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