Economic Reality Check: What Do Falling Mortgage Rates & Jobs+Inflation Signal for the 2024 Economy?
Thank you for listening to the 39th episode of "This Week's Economy." Today, I cover: 1) National: -Why the new U.S. jobs report is not as strong as some say -Inflation rates have moderated but still remain well above the Fed’s 2% target -Federal Reserve paused again with its federal funds rate target in the range of 5.25-5.5%, supporting a boost in the stock market and likely lower mortgage rates 2) States: -Sustainable Colorado Budget was released that I authored with Ben Murrey at Independence Institute, which provides a path forward for the Centennial state to return to its TABOR roots and buy down the income tax -School choice challenges face Texas as many state leaders are against it 3) Other: -Don't miss my latest LPP episode with Jennifer Huddleston discussing problems with regulating technology, including AI -One of my latest op-eds argues why China is not our biggest threat -Argentina's new president makes significant strides that could set an example for the U.S. Please share this episode on social media and provide a rating and review. Also, subscribe and see show notes for this episode on Substack (www.vanceginn.substack.com) and visit my website for economic insights (www.vanceginn.com). Click the link to enter a giveaway for a complimentary subscription to my Substack newsletter and a free copy of "The Soul of Civility" by Lexi Hudson by simply making a review on Apple Podcasts and Spotify so you can get all of the paid benefits: https://gleam.io/1TiJl/let-people-prosper-substack-newsletter-subscription-free-copy-of-the-soul-of-civility-by-lexi-hudson