House prices go boom. So does the Federal Reserve - Trump will go

House prices go boom. So does the Federal Reserve - Trump will go nuts

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The US central bank goes large and delivers a big interest rate cut. Thereby admitting it should have cut sooner. The Irish property market moves into double figure price inflation. And mortgage rates are only going to fall further Become a member at https://plus.acast.com/s/the-other-hand-with-jim.power-and-chris.johns. Hosted on Acast. See acast.com/privacy for more information.

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The Other Hand

Published 09/19/24

Apple tax hysteria - it's getting very silly.

What is the right level of interest rates? While discussion of 'R-star' might seem esoteric, they do say one important thing: Euro interest rates are way too high. The Federal Reserve has achieved its price stability mandate and is now switching to focus on employment. Growth is now front and...

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Draghi to Brussels: do whatever it takes or the EU is toast. Irish inflation, American debt and the mystery of still too high Euro interest rates.

Irish inflation this week confirmed that the economy is showing few, if any, obvious signs of overheating. Prices are still going. up but at their slowest pace in a long while. That said, prices are 20% higher than we saw pre-pandemic. Memo to economists: don't pretend you know what causes...

Published 09/15/24