Quote:
Originally Posted by Tyga11
1 more 25 bp cut this year...?
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the problem is that every reaction is working against every action...
if unemployment claims are down, treasury yields are up and retail sales are up (assuming this is all true)... then supposedly the economy is good and we should be in fact raising rates lol... this would prevent any bounce back inflation..
however, cost of housing and mortgage rates are still high... and many sectors are not doing well... in which case we should be lowering rates... that aside from all of the layoffs that are still taking place
they are in a pickle and thats why the story changes daily from the fed governors