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Biden's Unity Call & FBI Updates: National Response to Trump's Incident | Weekly Business Briefs w/ Martin Perdomo

Wealthy AF Podcast
Wealthy AF Podcast
Episode • Jul 17, 2024 • 6m

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Could the Federal Reserve's plan to cut interest rates prevent a recession? This week on Weekly Business Brief, we break down insights from Federal Reserve Chair Jerome Powell. With inflation stabilizing and June’s prices dropping, Powell suggests cutting rates. We'll explore how this might affect the market and why acting now is crucial. Plus, as a real estate professional, I'll share how these changes could help the housing market, a must-listen for investors and homeowners.

In another part, we dive into how US interest rates, China’s economy, and oil prices interact. What do Saudi Arabia and Russia's production cuts mean for global oil and your wallet at the pump?

Lastly, we discuss the nation’s reaction to the recent events involving Donald Trump, with Joe Biden urging unity and the FBI's latest updates. Tune in for expert insights on today’s big economic topics.

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