Quote:
Originally Posted by opinionist
Raise rates, and the economy crashes.
Cut rates and the dollar crashes.
Pick your poison.
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That's pretty histrionic, don't you think?
neither will happen as the Fed will only change by 1/4 of a percent this month,
and that is not enough to change anything, even 1/2 of a percent, its not enough to change anything momentarily, especially with the 18-24 month effect to the economy
The interest rate curve is primary shaped by the treasury, as they auction bills, notes and bonds at various total amounts. Mortgage rates are already down by about 1 percentage point, and nothing much has changed in the housing market.
So, meh, right now, is all about inflation expectations and real rates shifting the curve down somewhat, and everyone waiting on the Treasury QRA for borrowing requirements. . How much more will be needed to fund the choices of congress and the current and past presidents?