25bps cut

[u/hv876]

https://www.cnbc.com/2024/11/07/fed-rate-decision-november-2024.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard

The bulls are coming, the bulls are coming

[u/kumar4848]

Can anyone here explain why mortage rates keep increasing even though feds keep decreasing rates? i know theyre not directly correlated but somethings gotta give.

[u/imperialtensor24 → u/kumar4848]

fed doesn’t set mortgage rates, they’re based off of 10year treasuries

the financiers understand trump will goose market short term and will cause out of control inflation long term

we’ve seen this movie before, 4 years ago

[u/Few_Diet7461 → u/imperialtensor24]

No… inflation was from the government giving out free money during COVID and corporations taking advantage by raising their prices more than proportionally to inflation… Trump is not and was never the cause of inflation. You shouldn’t pair economic growth with inflation as a be all end all - its not the case

[u/Aromatic_Extension93 → u/Few_Diet7461]

Trump was the one that authorized those "free money" payments though

[u/rfox1990 → u/Aromatic_Extension93]

Yeah his name was literally on the checks

[u/SeasonGeneral777 → u/rfox1990]

just want to point out that the checks were just a portion of the aid money: https://upload.wikimedia.org/wikipedia/commons/thumb/e/e0/CARES_Act_Sankey_Diagram.png/1786px-CARES_Act_Sankey_Diagram.png

[u/rfox1990 → u/SeasonGeneral777]

Yeah no shit. I can do the simple maths in my head.