The Fed Will Be FORCED to Lower Rates , Here's Why
Ken McElroy Show
Ken McElroy
4.8 • 692 Ratings
🗓️ 11 June 2024
⏱️ 31 minutes
🧾️ Download transcript
Summary
Ken and Danille McElroy discuss the current economic landscape, highlighting why global central banks are cutting rates and why the FED might soon follow. They delve into the implications of rising unemployment and slowing consumer spending on the FED’s decision-making process.
• • •
Visit Ken's Bookstore: https://kenmcelroy.com/books
• • •
ABOUT KEN: Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, and The ABC’s of Property Management. With over two decades of experience in real estate investing, Ken McElroy is passionate about sharing the good life by helping real estate investors grow and prosper. This podcast is a place for Ken to discuss numerous topics connected to real estate investing, including finance, budgeting, the entrepreneur mindset, and creating passive income. Ken offers a wealth of personal experiences, practical advice, success stories, and even some informative setbacks, all presented here to educate and inspire. Whether you’re a new or seasoned investor, the information and resources on this channel will set you on a path where you and your investments can thrive.
Ken's company: https://mccompanies.com
• • •
DISCLAIMERS: Any information or advice available on this podcast is intended for educational and general guidance only. Ken McElroy and KenMcElroy.com, LLC shall not be liable for any direct, incidental, consequential, indirect, or punitive damages arising out of access to or use of any of the content available on this podcast. Consult a financial advisor or other wealth management professional before you make investments of any kind.
Although Ken McElroy and his affiliates take all reasonable care to ensure that the contents of this podcast are accurate and up-to-date, all information contained on it is provided ‘as is.’ Ken McElroy makes no warranties or representations of any kind concerning the accuracy or suitability of the information contained on this podcast. Any links to other websites are provided only as a convenience and KenMcElroy.com, LLC encourages you to read the privacy statements of any third-party websites. All comments will be reviewed by the KenMcElroy.com staff and may be deleted if deemed inappropriate.
Comments that are off-topic, offensive, or promotional will not be posted. The comments/posts are from members of the public and do not necessarily reflect the views of Ken McElroy and his affiliates.
© 2024 KenMcElroy.com, LLC. All Rights Reserved.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Welcome to the Real Estate Strategies podcast. Let's get right into this episode. Why are banks all |
| 0:05.9 | over the world cutting rates, but the Fed likely will not? Have these other banks solve their |
| 0:11.5 | inflation problem, or is their weakening economies more the focus? We're going to dive into that |
| 0:17.2 | all today. Yeah, it's a big deal, right? Because typically the Fed does something and then |
| 0:22.3 | the world reacts, right? Like everybody says the U.S. sneezes and the rest of the world gets a cold. |
| 0:28.0 | Well, this is not the case today. No, we have, you know, the Bank of Europe, the ECB. Yeah, |
| 0:35.1 | BCB, Switzerland, Sweden, and the Bank of Canada, all cutting rates, |
| 0:39.3 | 0.25%. And we're almost positive when the Fed meets this Wednesday, they won't be cutting rates |
| 0:46.6 | in the U.S. Yeah. So as you guys know, like everybody's hoping for under 6% rates, I just don't see it. |
| 0:55.8 | First of all, I don't think we're going to get a rate cut this week. |
| 0:58.9 | And there's a couple reasons why. |
| 1:01.2 | And this is meaningful because a lot of people that are underwater, |
| 1:05.2 | especially on the commercial real estate, which is what we're dealing with, |
| 1:08.8 | are trapped. |
| 1:10.5 | You know, they're hoping for lower rates. |
| 1:12.4 | I just don't see it. |
| 1:13.2 | I do think that maybe politically might see some toward the end of the year, |
| 1:18.1 | but it doesn't really even matter at this point. |
| 1:20.2 | Some people say there aren't going to be any. |
| 1:22.9 | But the reason it's important is because there's a lot of trapped equity |
| 1:26.3 | sitting in these single |
| 1:27.7 | family houses. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Ken McElroy, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Ken McElroy and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.