08-24-2024, 12:26 AM
(This post was last modified: 08-24-2024, 03:15 AM by Punatang.
Edit Reason: Added additional Hawaii legacy news link.
)
Sure enough, HPP real estate sales, among a number of things, will get a boost from today's announcement that interest rates will be reduced due to: “The cooling in labor market conditions is unmistakable,” Powell said.
https://www.khon2.com/news/national/powe...est-rates/
“We do not seek or welcome further cooling in labor market conditions,” Powell said in a speech at the central bank’s annual gathering in the Grand Teton National Park on Friday. “The time has come for policy to adjust.”
Right on time, as predicted, right here in this thread, yesterday. That is what truth looks like. When sorting through information sources, the ones that can tell you what will happen tomorrow are generally of more value than the ones that gaslight you about what happened yesterday.
Great news for HPP buyers and sellers.
https://www.staradvertiser.com/2024/08/2...cut-rates/
https://www.wsj.com/economy/central-bank...y-62952bd6
https://www.khon2.com/news/national/powe...est-rates/
“We do not seek or welcome further cooling in labor market conditions,” Powell said in a speech at the central bank’s annual gathering in the Grand Teton National Park on Friday. “The time has come for policy to adjust.”
Right on time, as predicted, right here in this thread, yesterday. That is what truth looks like. When sorting through information sources, the ones that can tell you what will happen tomorrow are generally of more value than the ones that gaslight you about what happened yesterday.
Great news for HPP buyers and sellers.
https://www.staradvertiser.com/2024/08/2...cut-rates/
https://www.wsj.com/economy/central-bank...y-62952bd6
I wish you all the best.