S&P Global market reporters Tara Olaleye, Paulina Wiener and Daniela Morales join Chemical Week’s Rob Westervelt to discuss the impact of recent Federal Reserve interest rate cuts on petrochemical and polymer markets, particularly in housing and construction; the cautious optimism for recovery in 2025; and the current levels of consumer confidence. The panel emphasizes that despite some positive indicators, significant market improvements are unlikely until mid-2025, as high inflation and ongoing economic pressures continue to challenge consumer spending.
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