Will We See A Drop In Rates As We Had Hoped

Interest rates have been up and down for the past year and a half, however, recently we saw signs of hope they were coming down. This past week Chair Jerome Powell might have burst that bubble. Has the fed decided not to reduce rates to help with affordability? Let's dive in...
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Ashley Lazarian, Haven Homes Group 678-776-0177
Ashley Lazarian is a licensed real estate agent. License 291747
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[@itstalhanahid]

Optimistically anticipating a drop in rates! Fingers crossed for positive economic shifts that align with our hopeful expectations. Here's to a brighter financial future for all.

[@mamoruisamu1]

Watching from Washington state. Washington probably does a worse job of infrastructure planning than Georgia, and likely takes longer. Thanks for a good, balanced view on rates and the market.

[@ashleylazarian]

Thanks for watching! Do you feel like there is a constant game of playing catch up there in Washington? That is the vibe here in Georgia.

[@anthonybanks2092]

The 60 min interview with Powell was interesting. He admitted that more bank failures will happen but the federal reserve will manage it so 2008 doesn't repeat itself.
If more govt money is going out there to save banks, I'm concerned about inflation holding steady.

[@ashleylazarian]

And let's be realistic, where it the government getting this money to save banks. Don't get me started.

[@anthonybanks2092]

A good test of this may be what happens with New York Community Bank.

[@Virtusstrong]

So let me sniff this out, if we spend less money we will be better off despite bills?. Don’t even get me started on how expensive groceries are; you literally pick up like 5 items and the cashier says “that will be $80.00”, to that I say “yeahhh we’re doomed”😭😭. God bless your daughter, they grow up too fast, wish I could go back to a simpler time😭.

[@ashleylazarian]

Thank you so much! You said it, they grow up SO FAST. I feel like I blinked and she is entering high school. Yes, I agree. Inflation has got to get a grip. Sadly, I don't think the American people realize the impact they have on the economy with spending but it's a double edged sword. Slow spending to help get things under control, hurt small businesses and potentially lose jobs. Keep spending, inflation and rates continue to rise. We have to find a balance.