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306
GNL
2024 Dec 19, 1:16pm
GNL
2024 Dec 19, 1:16pm
AmericanKulak says
Mortgage rates went up instead of down on the fed news?
That's nice Powell, but lenders are behaving otherwise.
Mortgage rates went up instead of down on the fed news?
307
MolotovCocktail
2024 Dec 19, 1:20pm
MolotovCocktail
2024 Dec 19, 1:20pm
GNL says
Yes. Because Powell basically transmitted, "Suck and swallow inflationary cum, markets!"
Mortgage rates went up instead of down on the fed news?
Yes. Because Powell basically transmitted, "Suck and swallow inflationary cum, markets!"
308
AmericanKulak
2024 Dec 19, 2:39pm
AmericanKulak
2024 Dec 19, 2:39pm
GNL says
Happened a few months ago too.
Lender Vigilantism!
Mortgage rates went up instead of down on the fed news?
Happened a few months ago too.
Lender Vigilantism!
311
AD
2025 Mar 19, 9:21pm
AD
2025 Mar 19, 9:21pm
The Fed forecasts 2% inflation in 2027. The Federal Funds rate now is 4.5% (upper limit) with annual inflation indicators CPI at 2.8% and PCE at 2.5%.
I guess they may lower the Fed Funds rate 25 basis points if annual inflation remains below 3% for 6 consecutive months.
I guess they may lower the Fed Funds rate 25 basis points if annual inflation remains below 3% for 6 consecutive months.
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"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