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Reply to "will interest dropped next year or 2024?"
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[quote=Anonymous][quote=Anonymous]When will the interest rates drop back to near 0%? Will it be in 2023 or 2024? The recession will start either in 2022 or 2023, so will they start lowing rates when it hits? [/quote] Never near zero. Fed will continue raising ratings, probably in .75 and 1% increments until inflation is halted. We are way past full employment so they can really squeeze hard, and boomers retiring meaning unemployment won’t shoot up. I can imagine rates hitting 6-8% before they are done. Then with a recession, they can cut down to 5 to juice things back up[/quote]
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