Money News this week:
What comes after a deduction in the rate?
Next week, a cut rate looks like everything is locked.
Future Markets CME Group’s Fed Watch Tool Consensus, a minor term of 25 points is the most important.
The Fed did not touch the rates from 2024, when it deducted three deductions at the end of the year to end the 14 -month series without any action. Since then The rate of federal funds Standing from 4.25 % to 4.5 %. If the policy makers deduct the expected quarter point next week, the rate will fall to 4.0 %.
So why now? Senior Economist of Nairid Walt Elizabeth tenant The decision says the decision reflects a difficult balance for the central bank. “The labor market is weakening but inflation is still high, so the committee has been entrusted with the responsibility of making the most of these two priorities, and this is not an easy call. They are not just looking at the heading statistics, but the figure is far from the current and the future.
Call of tenant: Looks like a 25 -point cut is likely. “The basic inflation is on a stable basis, if it rises a bit, while the labor market’s pace looks more decisive: cool and cool.”
If the Federal Open Markets Committee (FOMC) chooses a reduction in a rate next week, the effects do not have overnight.
The future path of the feed – how much deduction and how quickly – is unclear and, as Feder Chair Jerome Powell has often said, will be guided by data reports, including inflation, jobs and economic growth. For now, the Fed Watch tool shows the higher chances of an additional 0.25 twenty-point rate deductions in the remaining two meetings of the year: 28-29 October and December 9-10.
It’s a hard time to become a carnivorous
Beef prices have a new record height.
We have been typing this phrase recently. Since May, Serolon Steak reaches a new record every month, while the ground beef is on an unmanned run in January.
Consumer Price Index (CPI) releases were broken this week’s August. The stack prices increased by 4.1 percent during July, a tremendous increase in the month, and 16.6 percent a year during the year. This annual rate of inflation is against 3.2 % In all food items.
Meanwhile, ground beef increased by 2.3 % over the previous month and 12.8 % for the entire year. Since 2014, beef prices have essentially doubled.
Why are cow meat prices rising?
There are numerous reasons for High prices of cow meatBut on a basis, this is a simple economic equation: demand is high while supply is limited. Some basic issues are long -term challenges.
The sizes of the flock are on historical low: The size of the cattle herd of cattle cattle has targeted its lowest point since 1951, and has decreased this year. The reasons given are many: the population of the farmers is old. In recent years, the country of livestock has suffered permanent drought, while changing climate has also increased the cost cost. The epidemic also shaken the supply chain as the metapaking plant was sometimes closed for extended periods.
It takes time to recreate the size of the flock. Ironically, high prices make this process difficult. Now the script of the writers, it is often more understood to sell the calves immediately for cash flow, rather than it is a self -controlling cycle of genocide.
There are new challenges as well.
Taxat: In 2024, imports contained about 16 % of US beef consumption. The leading countries that import beef to the United States include Canada, Mexico, Australia, New Zealand and Brazil. During the last six months, prices have targeted all our commercial partners, Brazil is a highly outlin: August 6, it was targeted by 50 % blanket tariff on the current 26 % beef tariff.
The result of Brazilian imports in 2025? An increase in the first three months of the year, when importers made inventory before the first wave of revenue, then fell, less than 47,800 tonnes in July, less than 10,000 in July – before the stepper tariffs were implemented.
Due to the pre -existing trade agreement, the import of beef from Canada and Mexico is currently tariff -free. But the cattle industry in Mexico has faced the spread of screw insects earlier this year, and the imports of livestock from this country are currently blocked.
Down line: There is no immediate relief to increase the prices of beef.
What is the lovers to do?
So far, US demand for beef has been flexible even as prices have risen. But the grocery buyers may consider variating their diet with these protein alternatives.
Pork Lives relatively cheap. Overall, pork prices have only increased by 1.2 % since last August, and MAM prices have actually decreased 4.9 % in August and has decreased by 1.9 % throughout the year.
Egg Prices are far from their recent heights, prices fall 7.4 % in June and 3.9 % in July (while staying flat in August).
Is there really a bubble in AI stock?
Investing in AI companies is still moving so hot, some experts are speculating that an increase in interest may be a bubble. If he bubbles – as did the dot com -bubble in the late 90s – this can magically magical for AI companies and their investors.
Last month, in one Interview with VergeOpen CEO Sam Altman said, “Are we at a stage where overall investors are maximized about Ai?
In the latest event of Nairrd Walt’s smart mini -podcast, what is the meaning of being in the bubble, investing author Sam Tobe means, you can expose the dynamics of the AI stock market (whether you are not directly investor) and how to expose your portfolio safety method.
We are on our jobs, thank you
Remember the great resignation, when it began to recover The job market After the initial shock of the pandemic lockdown, workers mean that workers are leaving Mrs? Now, with rigorous labor market and general economic uncertainty, we usually live in a trend that is called Hugging a job.
The latest survey of Consumer expectations From the New York Feed, released on Monday, indicates this trend. The survey revealed that respondents are more frustrating about employment victims, “if someone’s current job is over, looking for a job is considered” 5.8 percent from last month-since he started asking questions in 2013.
Are thinking about changing jobs? Look before jumping.
ICYMI: Is the iPhone 17 worth of Splore?
Nerid Walt Personal Finance Author Thomas Tandal watched the Apple event this week so you don’t need, and is careful to leave cash on a new hot item.
Tandal writes, “My iPhone 13 Pro Max, which I bought the new in 2022, is still as invasive as I have sent a plastic movie. So how can I justify the price of a new movie? Well, I can’t be different right now, but for you.”
This is what else you can lose
Survey: Most understand that they will never fall into the mini scam
According to a new Naerd Walt survey conducted online by the Harris Survey, 7 out of 10 Americans (69 %) say they will never fall for financial scams. But scams are becoming more sophisticated, and even the most familiar people can be sensitive.
According to the survey, about three -quarters of Americans (74 %) say they are more concerned about their friends or family members who fall into the financial scam, according to the survey. Keep your loved ones away from existing scams and gestures to find, and if they (or you) suffer a financial scam, Report this.
