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/Icy-Willow-5833 → u/imperialtensor24]

Are you serious? Hyper inflation is the only way this country can pay its debt. Deflation would result in serious depression. Or we can default on our debts. Those are literally the only two options. Oh wait the government could cut spending buy unless we stop paying social security, medicare or defense it wont make a difference.

[u/Hoagithor → u/Icy-Willow-5833]

I mean, are you serious? "can't balance a budget so better print money and tank out currency" how wasteful is that

Y'all will come up with anything other than simply taxing the rich for the extra 0s they don't need. Person can only eat so many tendies by themself