Quote:
Originally Posted by Bwanajim
There should be an independent agency, but noticed they lowered interest rates three times last year when the inflation was worse.
This year , they refused to lower them at all.
If they lower them even a quarter percent housing sales will skyrocket and the economy will be better off. That's simple economics 101.
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Economy might soar. In a soaring economy inflation goes up and people who are hurt most are seniors and/or others living on fixed incomes. FED is an independent agency