
Trump’s New Fed Pick Could Raise Interest Rates, Defy Expectations
Streams straight from the publisher. podnod never proxies or re-hosts episode audio.
A new Fed Chair has been nominated—and he could do what no Fed has done before.
Kevin Warsh, the youngest Fed governor appointed, serving during the Great Financial Crisis, is Trump’s new pick, and his decisions could have major impacts on the housing market. But the mainstream media is missing a few key variables, falsely assuming that Warsh will kick off a series of rate cuts that end in lower interest rates.
But, in reality, something completely different could happen—something that the Fed has never tried before.
Warsh has strong opinions on quantitative easing (money printing) and wants to, in essence, delete some of the money the Fed has created over years of buying bonds and mortgage-backed securities. At the same time, Warsh will most likely push for rate cuts—a challenge given the Fed’s divided members.
So, what does this mean for mortgage rates? Could we see rates actually rise due to Warsh’s plans, or could ending quantitative easing boost market confidence and lower long-term mortgage rates? We’re getting into it all, plus what investors should do now regardless of what the Fed’s next moves are.
In This Episode We Cover
Trump’s new Federal Reserve Chair pick and why Trump is so keen to kick Powell out
Higher mortgage rates incoming? What everyone is getting wrong about the Warsh pick
The end of money printing: Why the new Fed Chair pick wants to delete dollars off the balance sheet
Something the Fed has never done before: Can you lower rates while keeping inflation in check?
The one type of real estate that could greatly benefit from the moves Warsh will make
And So Much More!
Links from the Show
Join the Future of Real Estate Investing with Fundrise
Join us at the BiggerPockets Conference October 2-4 in Orlando. Buy tickets
Sign Up for the On the Market Newsletter
Find Investor-Friendly Lenders
Grab Dave’s Book, "Real Estate by the Numbers"
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-397
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.
Learn more about your ad choices. Visit megaphone.fm/adchoices
new Fed Chair
biggerpockets.comrate cuts
biggerpockets.commoney printing
biggerpockets.commortgage rates
biggerpockets.cominflation
biggerpockets.comJoin BiggerPockets for FREE
biggerpockets.comSign Up for the On the Market Newsletter
biggerpockets.comFind Investor-Friendly Lenders
biggerpockets.comDave's BiggerPockets Profile
biggerpockets.comGrab Dave’s Book, "Real Estate by the Numbers"
store.biggerpockets.com
biggerpockets.com
biggerpockets.com
biggerpockets.com
biggerpockets.com
biggerpockets.com
biggerpockets.com
biggerpockets.com
biggerpockets.com
biggerpockets.com
biggerpockets.com
biggerpockets.com
biggerpockets.comhttps://www.biggerpockets.com/blog/on-the-market-397
biggerpockets.commegaphone.fm/adchoices
megaphone.fm