I don’t know about that. If it’s taken such fast moves raising rates and still not where they want it at but should be zero less all they care about is raising costs which no one likes why would they reverse if the market is claiming the financial system is stabilizing and First Republic Bank is the last bank in distress. ????
Well if financials not in distress but a a recession in the horizon why would they reverse and let the cat out of the bag and let inflation run again making it harder to get back.
Business are still going to have a hard toke getting loans at these rates. Real Estate will choose not to.
Some thinking Fed will lower interest rates by November
No Comments
No comments yet.
RSS feed for comments on this post.
Sorry, the comment form is closed at this time.