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50, 75, 100?


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2022 Jun 13, 5:04am   46,046 views  308 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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306   GNL   2024 Dec 19, 1:16pm  

AmericanKulak says

That's nice Powell, but lenders are behaving otherwise.




Mortgage rates went up instead of down on the fed news?
307   DOGEWontAmountToShit   2024 Dec 19, 1:20pm  

GNL says

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  

GNL says

Mortgage rates went up instead of down on the fed news?

Happened a few months ago too.

Lender Vigilantism!

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