« First « Previous Comments 29 - 68 of 296 Next » Last » Search these comments
Inflation surges 9.1% in June, most since November 1981
Supply chain issues only in the context of demand.
As someone that's kept a good hold on credit card debt, and with other loans at low fixed rates, I kind of want to see interest rates go way up before I buy a house. My monthly payment ability is fixed, so the higher the rates, the lower the home price needs to be. This is good, as perhaps rate will go down in later years, allowing me to refinance and lower payment.
Lower principle amount is more valuable to me than a lower interest rate when I'm buying.
As someone that's kept a good hold on credit card debt, and with other loans at low fixed rates, I kind of want to see interest rates go way up before I buy a house. My monthly payment ability is fixed, so the higher the rates, the lower the home price needs to be. This is good, as perhaps rate will go down in later years, allowing me to refinance and lower payment.
Lower principle amount is more valuable to me than a lower interest rate when I'm buying.
I understand the Fed raised another .75 today but I haven't been able to confirm that.
It’s almost ironic; raising interest rates will not accomplish anything except make things worse for the average guy. But, a good result will be the socialist loser Democrats will be blamed and lose in November, like 2010 all over again.
It couldn’t happen to worse bunch of assholes.
The people who are not prepared for this inflation are too young to remember the 70’s.
https://finance.yahoo.com/news/federal-reserve-interest-rates-fomc-monetary-policy-decision-july-2022-140540265.html
Federal Reserve raises interest rates by 0.75%
JPMorgan forecasts another super-sized rate hike by the Fed in September
Shaman says
This isn’t going to fix inflation.
The supply chain must be fixed first.
I still can’t get parts or components or even freaking grease without a huge wait. That means we pay whatever it takes to get what we need to keep operating.
Which drives prices up.
What industry are you in?
1% won't do shit to stop this train-wreck. Don't write 75 or 100, it's bullshit jargon to make it look like they're doing something more than they are.
If they raise rates, stocks tank, and the economy goes under. If lower rates, the train wreck gains speed, stocks implode, and the economy goes under.
Wimps.
I am saying a major downturn in tourism in the Florida panhandle.
I have not seen it this quiet before, even with gas prices lowered (due to artifical means by Biden drawing down the emergency reserves).
.
« First « Previous Comments 29 - 68 of 296 Next » Last » Search these comments
"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