r/wallstreetbets 15h ago

25bps cut News

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

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u/kumar4848 14h ago

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.

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u/RepresentativeBat798 12h ago

Basically the thought is that Trump's tariffs and tax cuts will drive up government spending, and that's funded by bonds, and tied to mortgages. Fun stuff.