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re: Do experts on the money board agree with what the feds did today?
Posted on 3/26/24 at 9:05 pm to TigerTatorTots
Posted on 3/26/24 at 9:05 pm to TigerTatorTots
The Fed doesn’t control the interest rates on our debt. That is market driven. The Fed controls the overnight lending rate. Raising or lowering the Fed Funds rate is what they control. They can’t raise or lower 2yr, 5yr, 10yr or 30yr Treasury rates.
1
Posted on 3/27/24 at 3:52 am to TX_Tiger23
Yeah, just don’t see the hikes coming with all that’s been released unless they break something, and that’s what I think they see happening, probably starting in June. They say banks, or commercial real estate, or unemployment, etc…but with the service of the debt both public or private, rates will have to drop and we’ll deal with higher inflation imo…
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