{"id":230577,"date":"2025-09-16T12:55:54","date_gmt":"2025-09-16T16:55:54","guid":{"rendered":"https:\/\/ibkrcampus.com\/campus\/?p=230577"},"modified":"2025-09-16T15:31:45","modified_gmt":"2025-09-16T19:31:45","slug":"expectations-for-tomorrows-fed-and-boc-as-well-as-trades-for-starts-permits","status":"publish","type":"post","link":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/forecast-trader\/expectations-for-tomorrows-fed-and-boc-as-well-as-trades-for-starts-permits\/","title":{"rendered":"Expectations For Tomorrow\u2019s Fed and BoC, As Well As Trades for Starts, Permits: Sep. 16, 2025"},"content":{"rendered":"\n

Tomorrow\u2019s Fed decision is widely expected to feature a 25 basis point cut although participants are projecting that there will be disagreements in the committee. There\u2019s a 95% likelihood of a 25 amidst slim single-digit chances calling for a pause or a bigger reduction amounting to 50. Meanwhile, there\u2019s an 82%<\/a> chance of at least one dissenter alongside probabilities ranging from 17% to 33% of exactly one, two or three officials formally disagreeing.<\/p>\n\n\n\n

\"IBKR<\/figure>\n\n\n\n
\"IBKR<\/figure>\n\n\n\n
\"Pricing<\/figure>\n\n\n\n
\"Pricing<\/figure>\n\n\n\n

Participants Expect 2 or 3 Cuts By Year-End<\/strong><\/h3>\n\n\n\n

Participants are expecting a Fed benchmark of 3.625%<\/a> or 3.875<\/a>% by year-end, which signals two to three 25 basis point cuts by Christmas.<\/p>\n\n\n\n

\"Pricing<\/figure>\n\n\n\n

Bank of Canada Also Expected to Cut<\/strong><\/h3>\n\n\n\n

Participants also envision a quarter-point reduction<\/a> from the BoC tomorrow morning, although there\u2019s no chance of a 50 according to our prediction market.<\/p>\n\n\n\n

\"Pricing<\/figure>\n\n\n\n

Trades I Find Attractive for US Permits, Starts<\/strong><\/h3>\n\n\n\n

Tomorrow\u2019s new residential construction report from the Census Bureau features both housing starts and building permits, which have been volatile and on a weakening trend in recent months as immigration restrictiveness, lofty valuations and elevated rates have weighed heavily on activity even as the long end has been plunging lately. Against this backdrop, I like the \u201cYes\u201d<\/a> answers at the 1.1 and 1.2 million thresholds for starts, which are going for $0.97 each, as well as the \u201cNos\u201d<\/a> at 1.5 million and 1.6 million, which are costing $0.89 and $0.98, respectively. The median estimate is at 1.37 million with the monthly Reuters poll consisting of 49 forecasters ranging from a minimum of 1.25 million to a maximum of 1.48 million. Furthermore, the indicator has stayed between 1.2 million and 1.5 million in all of 2025. For permits, the monthly Reuters poll of 38 forecasters stands at a median of 1.37 million with a minimum of 1.32 million and a maximum of 1.44 million, but I\u2019m suspicious of a strong rebound and am avoiding the \u201cYes\u201d answers here and instead just going with the \u201cNo\u201d at 1.5 million for $0.98. Similarly, it\u2019s a level that hasn\u2019t been breached all year.<\/p>\n\n\n\n

\"Pricing<\/figure>\n\n\n\n
\"Pricing<\/figure>\n\n\n\n

Source for Images: ForecastEx<\/em><\/p>\n\n\n\n

Note: Prices are highest bids as of the morning of September 16, 2025.<\/em> Red circles around the thresholds were inserted by J. Torres to highlight his preferred \u201cYes and No\u201d answers throughout different levels.<\/em><\/p>\n\n\n\n

To learn more about ForecastEx, view our Traders\u2019 Academy video here<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Tomorrow\u2019s Fed decision is widely expected to feature a 25 basis point cut although participants are projecting that there will be disagreements in the committee. <\/p>\n","protected":false},"author":903,"featured_media":210906,"comment_status":"open","ping_status":"closed","sticky":true,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[18929,18,6,8,9,26,3],"tags":[],"contributors-categories":[13760],"class_list":{"0":"post-230577","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-forecast-trader","8":"category-macro","9":"category-north-america","10":"category-region","11":"category-securities","12":"category-text-articles","13":"category-traders-insight","14":"contributors-categories-ibkr-macroeconomics"},"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"publish","acf":[],"yoast_head":"\nExpectations For Tomorrow\u2019s Fed and BoC, As Well As Trades for Starts, Permits: Sep. 16, 2025<\/title>\n<meta name=\"description\" content=\"Tomorrow\u2019s Fed decision is widely expected to feature a 25 basis point cut although participants are projecting that there will be disagreements in...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/230577\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Expectations For Tomorrow\u2019s Fed and BoC, As Well As Trades for Starts, Permits: Sep. 16, 2025 | IBKR Campus US\" \/>\n<meta property=\"og:description\" content=\"Tomorrow\u2019s Fed decision is widely expected to feature a 25 basis point cut although participants are projecting that there will be disagreements in the committee.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/forecast-trader\/expectations-for-tomorrows-fed-and-boc-as-well-as-trades-for-starts-permits\/\" \/>\n<meta property=\"og:site_name\" content=\"IBKR Campus US\" \/>\n<meta property=\"article:published_time\" content=\"2025-09-16T16:55:54+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-09-16T19:31:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/08\/washington-usa-flags-featured-img.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"563\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jose Torres\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jose Torres\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\n\t \"@context\": \"https:\\\/\\\/schema.org\",\n\t \"@graph\": [\n\t {\n\t \"@type\": \"NewsArticle\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/forecast-trader\\\/expectations-for-tomorrows-fed-and-boc-as-well-as-trades-for-starts-permits\\\/#article\",\n\t \"isPartOf\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/forecast-trader\\\/expectations-for-tomorrows-fed-and-boc-as-well-as-trades-for-starts-permits\\\/\"\n\t },\n\t \"author\": {\n\t \"name\": \"Jose Torres\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/person\\\/92c2be3b6162d92fb996417221509b6e\"\n\t },\n\t \"headline\": \"Expectations For Tomorrow\u2019s Fed and BoC, As Well As Trades for Starts, Permits: Sep. 16, 2025\",\n\t \"datePublished\": \"2025-09-16T16:55:54+00:00\",\n\t \"dateModified\": \"2025-09-16T19:31:45+00:00\",\n\t \"mainEntityOfPage\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/forecast-trader\\\/expectations-for-tomorrows-fed-and-boc-as-well-as-trades-for-starts-permits\\\/\"\n\t },\n\t \"wordCount\": 380,\n\t \"commentCount\": 0,\n\t \"publisher\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\"\n\t },\n\t \"image\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/forecast-trader\\\/expectations-for-tomorrows-fed-and-boc-as-well-as-trades-for-starts-permits\\\/#primaryimage\"\n\t },\n\t \"thumbnailUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/08\\\/washington-usa-flags-featured-img.jpg\",\n\t \"articleSection\": [\n\t \"IBKR ForecastTrader\",\n\t \"Macro\",\n\t \"North America\",\n\t \"Region\",\n\t \"Securities\",\n\t \"Text Articles\",\n\t \"Traders' Insight\"\n\t ],\n\t \"inLanguage\": \"en-US\",\n\t \"potentialAction\": [\n\t {\n\t \"@type\": \"CommentAction\",\n\t \"name\": \"Comment\",\n\t \"target\": [\n\t \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/forecast-trader\\\/expectations-for-tomorrows-fed-and-boc-as-well-as-trades-for-starts-permits\\\/#respond\"\n\t ]\n\t }\n\t ]\n\t },\n\t {\n\t \"@type\": \"WebPage\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/forecast-trader\\\/expectations-for-tomorrows-fed-and-boc-as-well-as-trades-for-starts-permits\\\/\",\n\t \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/forecast-trader\\\/expectations-for-tomorrows-fed-and-boc-as-well-as-trades-for-starts-permits\\\/\",\n\t \"name\": \"Expectations For Tomorrow\u2019s Fed and BoC, As Well As Trades for Starts, Permits: Sep. 16, 2025 | IBKR Campus US\",\n\t \"isPartOf\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#website\"\n\t },\n\t \"primaryImageOfPage\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/forecast-trader\\\/expectations-for-tomorrows-fed-and-boc-as-well-as-trades-for-starts-permits\\\/#primaryimage\"\n\t },\n\t \"image\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/forecast-trader\\\/expectations-for-tomorrows-fed-and-boc-as-well-as-trades-for-starts-permits\\\/#primaryimage\"\n\t },\n\t \"thumbnailUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/08\\\/washington-usa-flags-featured-img.jpg\",\n\t \"datePublished\": \"2025-09-16T16:55:54+00:00\",\n\t \"dateModified\": \"2025-09-16T19:31:45+00:00\",\n\t \"description\": \"Tomorrow\u2019s Fed decision is widely expected to feature a 25 basis point cut although participants are projecting that there will be disagreements in the committee.\",\n\t \"inLanguage\": \"en-US\",\n\t \"potentialAction\": [\n\t {\n\t \"@type\": \"ReadAction\",\n\t \"target\": [\n\t \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/forecast-trader\\\/expectations-for-tomorrows-fed-and-boc-as-well-as-trades-for-starts-permits\\\/\"\n\t ]\n\t }\n\t ]\n\t },\n\t {\n\t \"@type\": \"ImageObject\",\n\t \"inLanguage\": \"en-US\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/forecast-trader\\\/expectations-for-tomorrows-fed-and-boc-as-well-as-trades-for-starts-permits\\\/#primaryimage\",\n\t \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/08\\\/washington-usa-flags-featured-img.jpg\",\n\t \"contentUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/08\\\/washington-usa-flags-featured-img.jpg\",\n\t \"width\": 1000,\n\t \"height\": 563,\n\t \"caption\": \"washington usa flags\"\n\t },\n\t {\n\t \"@type\": \"WebSite\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#website\",\n\t \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/\",\n\t \"name\": \"IBKR Campus US\",\n\t \"description\": \"Financial Education from Interactive Brokers\",\n\t \"publisher\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\"\n\t },\n\t \"potentialAction\": [\n\t {\n\t \"@type\": \"SearchAction\",\n\t \"target\": {\n\t \"@type\": \"EntryPoint\",\n\t \"urlTemplate\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/?s={search_term_string}\"\n\t },\n\t \"query-input\": {\n\t \"@type\": \"PropertyValueSpecification\",\n\t \"valueRequired\": true,\n\t \"valueName\": \"search_term_string\"\n\t }\n\t }\n\t ],\n\t \"inLanguage\": \"en-US\"\n\t },\n\t {\n\t \"@type\": \"Organization\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\",\n\t \"name\": \"Interactive Brokers\",\n\t \"alternateName\": \"IBKR\",\n\t \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/\",\n\t \"logo\": {\n\t \"@type\": \"ImageObject\",\n\t \"inLanguage\": \"en-US\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/logo\\\/image\\\/\",\n\t \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/ibkr-campus-logo.jpg\",\n\t \"contentUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/ibkr-campus-logo.jpg\",\n\t \"width\": 669,\n\t \"height\": 669,\n\t \"caption\": \"Interactive Brokers\"\n\t },\n\t \"image\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/logo\\\/image\\\/\"\n\t },\n\t \"publishingPrinciples\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/about-ibkr-campus\\\/\",\n\t \"ethicsPolicy\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/cyber-security-notice\\\/\"\n\t },\n\t {\n\t \"@type\": \"Person\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/person\\\/92c2be3b6162d92fb996417221509b6e\",\n\t \"name\": \"Jose Torres\",\n\t \"description\": \"Jos\u00e9 Torres is Senior Economist at Interactive Brokers. In this capacity, he is responsible for economic analysis, economic commentary and educational content focused on the economy. Prior to joining Interactive Brokers, Jos\u00e9 spent 6 years working as an economist in the United States government within the Federal Deposit Insurance Corporation (FDIC) and the Bureau of Labor Statistics (BLS). During his time with the U.S. government, Jos\u00e9 frequently led presentations covering economic conditions and forecasts for elected officials, political appointees and senior management. He also built economic models, consulted with private sector executives, contributed to the modernization of economic processes and gained recognition for predicting the inflationary episode of the 2020s. Jos\u00e9 has also been a professor of economics at the City University of New York and holds a master\u2019s degree in financial economics from West Texas A&M University. His skillset includes the ability to communicate and analyze complex economic topics in English and in Spanish and throughout his career, he has been interviewed by media outlets including Bloomberg, CNBC, CNN, WSJ, AP, Yahoo Finance, Cheddar, Business Insider, Seeking Alpha, PBS, FOX, Economic Times, Univision, Telemundo and others.\",\n\t \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/author\\\/jose-torres\\\/\"\n\t }\n\t ]\n\t}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Expectations For Tomorrow\u2019s Fed and BoC, As Well As Trades for Starts, Permits: Sep. 16, 2025","description":"Tomorrow\u2019s Fed decision is widely expected to feature a 25 basis point cut although participants are projecting that there will be disagreements in...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/230577\/","og_locale":"en_US","og_type":"article","og_title":"Expectations For Tomorrow\u2019s Fed and BoC, As Well As Trades for Starts, Permits: Sep. 16, 2025 | IBKR Campus US","og_description":"Tomorrow\u2019s Fed decision is widely expected to feature a 25 basis point cut although participants are projecting that there will be disagreements in the committee.","og_url":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/forecast-trader\/expectations-for-tomorrows-fed-and-boc-as-well-as-trades-for-starts-permits\/","og_site_name":"IBKR Campus US","article_published_time":"2025-09-16T16:55:54+00:00","article_modified_time":"2025-09-16T19:31:45+00:00","og_image":[{"width":1000,"height":563,"url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/08\/washington-usa-flags-featured-img.jpg","type":"image\/jpeg"}],"author":"Jose Torres","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Jose Torres","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/forecast-trader\/expectations-for-tomorrows-fed-and-boc-as-well-as-trades-for-starts-permits\/#article","isPartOf":{"@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/forecast-trader\/expectations-for-tomorrows-fed-and-boc-as-well-as-trades-for-starts-permits\/"},"author":{"name":"Jose Torres","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/person\/92c2be3b6162d92fb996417221509b6e"},"headline":"Expectations For Tomorrow\u2019s Fed and BoC, As Well As Trades for Starts, Permits: Sep. 16, 2025","datePublished":"2025-09-16T16:55:54+00:00","dateModified":"2025-09-16T19:31:45+00:00","mainEntityOfPage":{"@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/forecast-trader\/expectations-for-tomorrows-fed-and-boc-as-well-as-trades-for-starts-permits\/"},"wordCount":380,"commentCount":0,"publisher":{"@id":"https:\/\/ibkrcampus.com\/campus\/#organization"},"image":{"@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/forecast-trader\/expectations-for-tomorrows-fed-and-boc-as-well-as-trades-for-starts-permits\/#primaryimage"},"thumbnailUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/08\/washington-usa-flags-featured-img.jpg","articleSection":["IBKR ForecastTrader","Macro","North America","Region","Securities","Text Articles","Traders' Insight"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ibkrcampus.com\/campus\/traders-insight\/forecast-trader\/expectations-for-tomorrows-fed-and-boc-as-well-as-trades-for-starts-permits\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/forecast-trader\/expectations-for-tomorrows-fed-and-boc-as-well-as-trades-for-starts-permits\/","url":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/forecast-trader\/expectations-for-tomorrows-fed-and-boc-as-well-as-trades-for-starts-permits\/","name":"Expectations For Tomorrow\u2019s Fed and BoC, As Well As Trades for Starts, Permits: Sep. 16, 2025 | IBKR Campus US","isPartOf":{"@id":"https:\/\/ibkrcampus.com\/campus\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/forecast-trader\/expectations-for-tomorrows-fed-and-boc-as-well-as-trades-for-starts-permits\/#primaryimage"},"image":{"@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/forecast-trader\/expectations-for-tomorrows-fed-and-boc-as-well-as-trades-for-starts-permits\/#primaryimage"},"thumbnailUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/08\/washington-usa-flags-featured-img.jpg","datePublished":"2025-09-16T16:55:54+00:00","dateModified":"2025-09-16T19:31:45+00:00","description":"Tomorrow\u2019s Fed decision is widely expected to feature a 25 basis point cut although participants are projecting that there will be disagreements in the committee.","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ibkrcampus.com\/campus\/traders-insight\/forecast-trader\/expectations-for-tomorrows-fed-and-boc-as-well-as-trades-for-starts-permits\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/forecast-trader\/expectations-for-tomorrows-fed-and-boc-as-well-as-trades-for-starts-permits\/#primaryimage","url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/08\/washington-usa-flags-featured-img.jpg","contentUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/08\/washington-usa-flags-featured-img.jpg","width":1000,"height":563,"caption":"washington usa flags"},{"@type":"WebSite","@id":"https:\/\/ibkrcampus.com\/campus\/#website","url":"https:\/\/ibkrcampus.com\/campus\/","name":"IBKR Campus US","description":"Financial Education from Interactive Brokers","publisher":{"@id":"https:\/\/ibkrcampus.com\/campus\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ibkrcampus.com\/campus\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ibkrcampus.com\/campus\/#organization","name":"Interactive Brokers","alternateName":"IBKR","url":"https:\/\/ibkrcampus.com\/campus\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/logo\/image\/","url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ibkr-campus-logo.jpg","contentUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ibkr-campus-logo.jpg","width":669,"height":669,"caption":"Interactive Brokers"},"image":{"@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/logo\/image\/"},"publishingPrinciples":"https:\/\/www.interactivebrokers.com\/campus\/about-ibkr-campus\/","ethicsPolicy":"https:\/\/www.interactivebrokers.com\/campus\/cyber-security-notice\/"},{"@type":"Person","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/person\/92c2be3b6162d92fb996417221509b6e","name":"Jose Torres","description":"Jos\u00e9 Torres is Senior Economist at Interactive Brokers. In this capacity, he is responsible for economic analysis, economic commentary and educational content focused on the economy. Prior to joining Interactive Brokers, Jos\u00e9 spent 6 years working as an economist in the United States government within the Federal Deposit Insurance Corporation (FDIC) and the Bureau of Labor Statistics (BLS). During his time with the U.S. government, Jos\u00e9 frequently led presentations covering economic conditions and forecasts for elected officials, political appointees and senior management. He also built economic models, consulted with private sector executives, contributed to the modernization of economic processes and gained recognition for predicting the inflationary episode of the 2020s. Jos\u00e9 has also been a professor of economics at the City University of New York and holds a master\u2019s degree in financial economics from West Texas A&M University. His skillset includes the ability to communicate and analyze complex economic topics in English and in Spanish and throughout his career, he has been interviewed by media outlets including Bloomberg, CNBC, CNN, WSJ, AP, Yahoo Finance, Cheddar, Business Insider, Seeking Alpha, PBS, FOX, Economic Times, Univision, Telemundo and others.","url":"https:\/\/www.interactivebrokers.com\/campus\/author\/jose-torres\/"}]}},"jetpack_featured_media_url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/08\/washington-usa-flags-featured-img.jpg","_links":{"self":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts\/230577","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/users\/903"}],"replies":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/comments?post=230577"}],"version-history":[{"count":0,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts\/230577\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/media\/210906"}],"wp:attachment":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/media?parent=230577"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/categories?post=230577"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/tags?post=230577"},{"taxonomy":"contributors-categories","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/contributors-categories?post=230577"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}