Posted on 11/28/2022 9:13:43 AM PST by Kaiser8408a
And the moon is made of green cheese.
Forgive my ignorance but are basis points tied to mortgage rates somehow?
If Deutsche Bank knows what’s going to happen in the future, they can make a ton of money trading.
But in the past five years, their results haven’t been that great.
Just in time for the next Presidential election...
A basis point is 1/100 of a percent, so they’re predicting a 2% decline in the overnight rate.
Indirectly. The fed basis points are tied to what the government loan rate is. The bank rates are influenced by this.
Even the Fed does not know what the Fed will be doing in 2024. This is the fed that thought inflation was transitory. Then it hit a 40 year high; probably an all-time high if the old measure of inflation is used. The Fed pretends to be in control, or worse, thinks it is actually in control of the economy. It’s a blind and drunk man trying to light a cigarette in a fireworks factory. The probability of success is low.
Isn’t this kind of what happened in the 1970s pre-Paul Voelker, the Fed would raise rates and the economy would slow, they would get scared and lower rates and they continued to do this multiple times, meanwhile inflation never truly went away and by the end of the 1970s you had the worst possible outcome, high inflation combined with an economic recession.
Title says by mid-2023, but article says mid-2024.
Especially if this is 2023, basically, saying fed wants a roaring economy, inflation be damned.
Exactly. And this is just some rinky-dink blogger spouting off. It’s a trash post.
Does anyone really that the FED Rothschild bank will give up any of their power structure?
They’re going to be blink. Life savings are about to be wiped out. They have decided to roll with inflation rather than price stability.
70’s was distorted by the energy increases, which amplified the inflation issue. Not much has changed today, except that the FED pimped low interest for way too long. Free money has destroyed the future.
“Zero” interest rates worked well before, so why not again? /sarc
“Analysts anticipate a moderate recession beginning mid-2023, with real GDP falling about 1.25 percentage points over three quarters and the unemployment rate reaching a peak of 5.5%.”
Analysts = retards.
lol...that cant save them. Thats why it important these busted elections are looked at seriously.
Unfortunately, we’ll be back in 1934 by then.
I have to agree with Deutsche bank. A pivot is inevitable and may be even before mid 2023. Like by March.
Headline reads:
“Fed Will Slash Rates By 200 Basis Points by Mid-2023 Says Deutsche Bank”
Story reads:
“Deutsche Bank, my former employer, said that The Fed will slash rates by 200 basis points by mid-2024”
Author Anthony B. Sanderson has reached his level of incompetence.
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