Feds need to lower interest rates now.
I don’t think that they are going to lower rates any time soon. The rate is still far below the inflation rate. I think there will be two more increases and then the Fed will hold rates high for much longer than anyone expects. Leftists always ruin economies.
“Feds need to lower interest rates now.”
They cannot. They are between a rock and a hard place.
Inflati9n is like a virus that needs a fever to suppress it before a person can be healthy.
We should have had a sevwre recession in the mid 1990’s and would have if Clinton had not rigged the market by changing the computation of inflation index, plaing games with gold futures and the currency stabilization fund, and centralizing mortgage lending from banks to the Federal Government.
The games have been maxed out. The game is about to end.