Reply to Your Rate

Forum Index » Real Estate

Reply to "Your Rate"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Predict rates above 10% before it drops. You heard it here. Inflation is not tackled by any stretch of the imagination. [/quote]

+1. Look at the news, folks -- [b]inflation is still crazy[/b], and we went from people predicting six rate cuts this year to people saying maybe we'll see a rate cut in March 2025. Just to repeat, from six to zero this year. Two years from now, people will probably be bragging about their 7% rates when we've gotten above 10%.[/quote]

Only on Fox News. Annual inflation rates as follows:
2024 - 3.5%
2023 - 3.4%
2022 - 6.5%
2021 - 7%
2020 - 1.4%
2019 - 2.3%

The Fed has done a good job of easing inflation without having to raise rates again. Your argument that because they didn't cut "as predicted" somehow means that rates must increase illustrates a total lack of understanding of monetary policy.[/quote]

Yeah exactly, although inflation is above the Fed's target, it has come down significantly from 2021 and 2022, and is not that much higher than their target. Shows that the rate increases are working but may take longer to get it back to the 2% range, since anyway there is a time lag between rate increases and inflation actually falling. [/quote]

Voters should vote for the rate, I am ok with 4% if they drop rates to make mortgages a more reasonable 3-4% on the 30 year[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics