Moody's Zandi: No More Than One or Two Rate Hikes Ahead

The video discusses the potential impact of interest rate hikes on the housing market, emphasizing the sensitivity of home buyers to rate changes. It explores the relationship between inflation and rents, noting a significant supply of multifamily units that could soften rents and reduce inflation. The Federal Reserve's approach to managing interest rates is examined, with predictions of maintaining high rates unless a recession occurs. The overall economic outlook suggests a 'slow session' with high interest rates until inflation aligns with targets.

In what scenario might the Federal Reserve consider cutting interest rates?

What is the expected trend for interest rates in the absence of a recession?