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Consumer Spending Continues to Fall as Fed Officials Weigh the Timing of Rate Cuts

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Manage episode 491208466 series 2813754
Content provided by BiggerPockets. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by BiggerPockets or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Consumer spending declined with the sharpest drop of the year, signaling economic uncertainty is starting to weigh on households. With inflation still tame and personal income falling, pressure is mounting on the Fed to cut rates soon. Fed officials, including Neel Kashkari, are now pointing to September as a likely starting point, while warning tariffs could still spark delayed inflation. Investors are watching closely for any signs the Fed will act sooner.

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1719 episodes

Artwork
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Manage episode 491208466 series 2813754
Content provided by BiggerPockets. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by BiggerPockets or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Consumer spending declined with the sharpest drop of the year, signaling economic uncertainty is starting to weigh on households. With inflation still tame and personal income falling, pressure is mounting on the Fed to cut rates soon. Fed officials, including Neel Kashkari, are now pointing to September as a likely starting point, while warning tariffs could still spark delayed inflation. Investors are watching closely for any signs the Fed will act sooner.

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

1719 episodes

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