Loading ...Copy that, thanks for the info. However, re your…”the only reason the Fed does a hike like that is to defend the falling dollar. ” It was thought provoking. And my thoughts are that the Fed Res is…..
“The Bank”. No NEED to defend the dollar now. They have to defend themselves. Banks are up to their asses in real estate investments. Higher rates? PAIN! They are backers cosigners of real estate. That’s why they wrote so many no document 110% leverage liar loans. They need debtors that can afford to pay.