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/biz/ - Business & Finance


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55950796 No.55950796 [Reply] [Original]

How long will Jerome keep the interest rate at 7%? What's even his endgame??

>> No.55950828

>>55950796
Niglet

>> No.55950842

>>55950796
>7%
what are you smoking, the FED isnt raising interest rates meaningfully so they will never raise to that level.

>> No.55950874

>>55950796
“Interest rates”. He is keeping the fed funds rate about 5.5%. That is just the rate they charge banks to borrow money from the fed overnight to meet reserve demands because they are over extending themselves. The reserve rate is basically 0 for most banks right now so it isn’t as effective as it could be.
> endgame confusion.jpeg
To adhere to the dual mandate of the Fed of stable prices and full employment. They have full employment for now so they’re going to control prices and decrease how fast they grow. The FED created a monster in 2008 that won’t die unless people are willing to go through a true economic reset.

>> No.55950971

>>55950796
It's not at 7%. Mortgage rates are at 7, although you can get a better rate if you bring a decent amount of money to the table and have good credit.

>> No.55951016

>>55950796
God imagine pushing your face in to her neck in an early autumn morning. And feeling the warmth coming off of her as the cool air seeps in from the windows.

>> No.55951035

>>55950842
11% by summer 2024. Cope and seethe

>> No.55951068

>>55950842
FUCK I meant mortage, which is to be fair related to bank interest rate

>> No.55951073

>>55951016
Congratulations, you just drove at least 10 people to suicide.

>> No.55951105

>>55950796
I hate vids like these. Woman cant stop whining and bitching about not being pregnant or having children. Fuck off cunts, im busy.

>> No.55951114

>>55951073
kek

>> No.55951218

What an ugly kid

>> No.55951234

That woman is very pretty. Obnoxious little mulatto though.

>> No.55951332

>>55950828
Worse. Mulatto.

>> No.55951395
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55951395

>>55950796
He’ll be cutting rates before the end of this year. All the tough guy talk is just posturing

>> No.55951421

>>55950796
I would literally cry in this situation

>> No.55951501

>>55951395
Ofc it’s the easiest political solution, just inflate the problem away. D-don’t you dare cut gobbermentb programs salaries on dem poor x,y,z projects/people. What about dey feelz. What?! We need a Space Force army because chyna! We can just give people free money, i need elected and Larry Summer said something about helicopters after he murder raped his fifth child that day in a helicopter and he’s smart and gets everything right. We need more 7 figure alphabet agency workers who contribute nothing in Washington to booster employment and vaccination statuses. We need to spend more and let the banks lend to poor starving refugees to live the american dream. Just keep spending Joe, things get expensive who cares it’s normal.

>> No.55951574

>>55951073
Based.

>> No.55952040

>>55950971
>if you bring a decent amount of money to the table and have good credit.
And a high income

>> No.55952071

>>55951395
Yep, if you just view the Fed as a tool by centers of power to extract more value out of people over time, everything makes way more sense. Slow interest rate hikes over time are meant to strong arm retail into selling their investments and draining their savings to keep their homes or just to be able to pay the bills. We're set up so that an upcoming news cycle can crow about the dangers of Evergrande and a great depression level crash so retail gets wrong footed again when the dip V bottoms out and stocks set new highs.

>> No.55952173

>>55950796
Look at that low iq niglet already displaying signs of aggression, yet the dumb roastie enable him
Tale as old as time