Quote:
Originally Posted by RoboVil
The Fed needs to reduce interest rates so young people can afford to buy a house. Inflation is not that high, and Powell has said he wanted to wait until he sees the effects of tariffs. Now with the weakening labor market it is time to start lowering rates. Not because of pressure, but because it is common sense.
|
Shoes and other clothing prices are ALREADY up and rising. Parents facing higher back-to-school prices will be VERY UNHAPPY campers!