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Started By
Message
re: Inflation down to 2.3%. Why hasn't the Fed dropped rates?
Posted on 5/29/25 at 12:42 pm to HubbaBubba
Posted on 5/29/25 at 12:42 pm to HubbaBubba
Because 2.3 > 2.0 which is the baseline
1
Posted on 5/29/25 at 12:43 pm to TigerintheNO
quote:
2.0 which is the baseline
2.0 is a made up number
They might as well raise to 3
Posted on 5/29/25 at 12:45 pm to SDVTiger
quote:
You are always a moron
The truflation site is a joke. Its run by a grifting huckster.
If we listened to you mortgage rates were supposed to be in the high 4's by now.
You are nothing but a wishcasting Trump sycophant.
Posted on 5/29/25 at 12:47 pm to HubbaBubba
quote:
What's the problem?
Supply shocks, like in 2021.
Which means inflation.
Posted on 5/29/25 at 12:48 pm to SDVTiger
quote:
2.0 is a made up number
Its hilarious watching you flail around praying Daddy Don will save you
Posted on 5/29/25 at 12:48 pm to HubbaBubba
I’m a huge Trump supporter but let’s all be honest, inflation, no matter what they say it’s not anywhere near 2.3%
Posted on 5/29/25 at 12:49 pm to bamabonners
quote:
Because dropping rates would cause the economy to burn hot again due to increased demand.
Indeed.
Artificially induced inflation
Posted on 5/29/25 at 1:13 pm to AUauditor
quote:
I could use it...I am closing on a mortgage in about 90 days.
This thread is about the Fed lowering the FFR.
Posted on 5/29/25 at 1:19 pm to HubbaBubba
quote:
t would set the stock market up for a bull market, homes would sell, cars would sell, companies and consumers would invest. What's the problem? Just further proof that Powell is not interested in the best interests of the consumers and the country, but in thwarting Trump.
Maybe it's because I lived through the 80's and 90's when 30 year mortgages hit 15% but it seems a 30 year mortgage currently at 6.9% seems fairly reasonable for both the lenders and borrowers. I think if 30 year mortgage rates stay above 6% the housing market should become more of a buyers market and people who have taken the steps to save some cash rather than splurge on vacations and new automobiles will be rewarded.
Posted on 5/29/25 at 1:21 pm to LaMigra
quote:I keep hearing casual claims of this. Give us a list of, say, 5 items that are presently inflating at a rate greater than 2.3% annually. I saw a thread yesterday showing how much gasoline prices are down. And the board loves to brag about eggs going down.
let’s all be honest, inflation, no matter what they say it’s not anywhere near 2.3%
Posted on 5/29/25 at 1:23 pm to Bass Tiger
quote:That was like in 1982. Certainly the average rate in the 90s was less than 10 (probably less than 8).
Maybe it's because I lived through the 80's and 90's when 30 year mortgages hit 15%
Posted on 5/29/25 at 1:25 pm to HubbaBubba
quote:
Just further proof that Powell is not interested in the best interests of the consumers and the country, but in thwarting Trump
Killing your grandparents and shutting down your employment wasn’t example enough?
Posted on 5/29/25 at 1:26 pm to Big Scrub TX
quote:
That was like in 1982.
Yep, when I came of age, and you couldnt afford houses.
I'll never take people who complain about the current interest rates seriously. Unemployment in my area also approached 20% at one time.
Somehow we survived.
Posted on 5/29/25 at 1:27 pm to RogerTheShrubber
quote:
Its hilarious watching you flail around praying Daddy Don will save you
Save me from what?
Posted on 5/29/25 at 1:27 pm to Meauxjeaux
quote:
Killing your grandparents and shutting down your employment wasn’t example enough?
Powell did that?
Posted on 5/29/25 at 1:28 pm to SDVTiger
quote:
You are always a moron and dont understand shelter #s in the CPI report
quote:
Hpw is there data made up?
Never fails.
Posted on 5/29/25 at 1:29 pm to SDVTiger
quote:
You are always a moron
quote:
Hpw is there data made up?
Maybe a little look in the mirror, baw?
Posted on 5/29/25 at 1:32 pm to Bass Tiger
quote:
Maybe it's because I lived through the 80's and 90's when 30 year mortgages hit 15% but it seems a 30 year mortgage currently at 6.9% seems fairly reasonable for both the lenders and borrowers.
Agree but, real estate prices were appreciably lower during that time period.
Posted on 5/29/25 at 1:35 pm to SDVTiger
quote:Classic irony!
Hpw is there data made up?
You are always a moron
Posted on 5/29/25 at 1:36 pm to AUauditor
quote:
I could use it...I am closing on a mortgage in about 90 days.
Mortgage rates are up nearly 1% since the Fed started lowering rates…
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