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50, 75, 100?


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2022 Jun 13, 5:04am   45,123 views  296 comments

by Al_Sharpton_for_President   ➕follow (5)   💰tip   ignore  

This "relentlessly aggressive" stance could include raising interest rates by 0.75% on Wednesday, a move economists at Barclays said Friday is now their baseline expectation.

"Historically, the US central bank has avoided surprising markets – say, by going 75bp when it is not priced in," Barclays economists led by Jonathan Millar said in a note to clients published Friday.

"But next week, we feel, is likely to be an exception."

https://finance.yahoo.com/news/inflation-puts-pressure-on-powell-what-to-know-this-week-162615319.html

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288   zzyzzx   2024 May 3, 4:45am  

AD says

From what I could decipher from the 60 Minute interview with Federal Reserve Chairman Jerome Powell, the Fed will lower rates when the CPI's and PCE's 6 month average for annual inflation are below 3%.

Their mandate is 2% average inflation. Emphasis on average.
291   DemocratsAreTotallyFucked   2024 Jun 22, 4:47pm  

zzyzzx says






Inflation had not been tamed. The Fed knows this. The average American knows this. Everyone knows this.

So other than some token cut, they can't lower them. If anything, they need to raise them again right after the election.

Those Op-Ed pieces claiming Fed needs to cut rates for all their bullshit 'reasons', are just propping up some special interests' agenda.
292   zzyzzx   2024 Sep 18, 11:46am  

Feds cut rates a half a point.
293   AD   2024 Sep 18, 12:15pm  

zzyzzx says

Feds cut rates a half a point.


S&P 500 had priced this is, but its up 0.24% and hit an all time high today.

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294   AmericanKulak   2024 Sep 18, 1:28pm  

The housing collapse happens by the end of Q2 2025.

Homeloaners are expecting millions to start bidding on houses and it's not going to happen. Those who are able and willing to buy are saying "Ah... they Fed will cut rates MOAR next year, and what's the hurry with all the inventory piling on?"
295   AD   2024 Sep 18, 2:11pm  

AmericanKulak says

The housing collapse happens by the end of Q2 2025.

Homeloaners are expecting millions to start bidding on houses and it's not going to happen. Those who are able and willing to buy are saying "Ah... they Fed will cut rates MOAR next year, and what's the hurry with all the inventory piling on?"


We shall see when the 30 year mortgage drops to 5% and if there is enough competition among buyers next March, and how that translate to number of sales and inventory.

Recall the 30 yr mortgage rate was around 3% when prices peaked around 1st half of 2022.

If the rate is 5%, then that means prices should be 20% below the peak price based on the general rule there is a 10% drop in price for every 1% increase in the 30 year mortgage rate.

Granted, household income and wages increased since 2022 by at least about 15%.

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296   stereotomy   2024 Sep 18, 3:24pm  

Gold just did a fleeting kiss with $2600, before globohomo finance gave that bitch a good belly punch.

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