Idiot dems trying to save FJB. The fed should be raising rates. Cutting them in the fall will cause way more inflation to sabotage Trump’s new term.
“Idiot dems trying to save FJB. The fed should be raising rates”
How does that make sense? I’m not advocating rate cuts, but the plain facts are that inflation is no longer running out of control.
And you don’t have to tell me where prices have been since 2020. What you need to look at are price changes over the last year.
From rent.com, April 15:
National rents remained positive in March, with the median price for an apartment rising by just over three-quarters of a percentage point. While last month’s gains were modest, national median rents have continued an upward trend for the past three months. This signals a return of the rental market’s high-season demand heading into the spring and summer months.
The national median price of an apartment in March was $1,987. On an annual basis, rents grew in March by 0.77 percent, while month to month, rents rose by 0.30 percent. Since January, rents have risen by 1.17 percent, or $23.
Agreed. The Fed just basically said they’ll rate cut one more time to keep from deflating the bubble stock market before the election, then deflate away after that.