A wide array of sectors, ranging from chemical and raw material manufacturers to downstream industries like luxury vinyl tile (LVT) and construction materials, are keenly observing the Federal Reserve’s upcoming statements regarding potential interest rate cuts.
These sectors, which are intimately connected to the housing and renovation markets, stand to gain significantly from any improvement in rates and overall affordability. The Federal Reserve’s outlook for the remainder of 2024 and into 2025 is poised to have a substantial influence on anticipated demand and production levels across these industries.
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