re: Markets now see a 93% chance that the Fed will announce its first rate hike since July '23

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Who is celebrating?

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The money board tards

The FED is evil, and should've never been created.

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That place is shite compared to what it used to be

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They have the worst TDS of any board

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Prior to the rate hike in july of 2023, the inflation rate was above 5% LINK.

We are currently at a 3.4% rate of inflation LINK. Draw your own conclusions.

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Exactly. Odds just drop to 90%! What does it mean

The fed rate is currently an entire point lower than the 50 year average. People forget that the rates during Covid were ALL-TIME lows. On par with 1980.

You're correct that .25 wouldn't cause a boom but you can't dispute a significant cut of, say, 1% would have an immediate impact which they absolutely wont allow to happen. They'd rather tilt at inflation windmills instead.

How excited are you at the possibility of young homeowners not being able to afford a home? It will do nothing to fuel and food prices. I would hate to know that I was so emotional about Trump that I took glee in the misfortune of others, but then again you have become a hysterical middle aged woman

Where are they at versus the 100 year average?

Because I'm a simple man, my thoughts are that banks want to profit from the economic growth and as Warsh has said, are reactive to good news. Economy is strong. Banks want more, and competitively speaking, want to attract more dollars into their balance sheets for fractional investing. Which goes against my thoughts that in a growing economy, businesses charge more for products and services, which in turn can create higher profits for investing. But then, if money is not flowing into banking but rather asset purchases, it would then prove that bank isn't maximizing it's profit motives?

Rising rates slow borrowing. Deposits increase.

The fed gives themselves a 6% dividend. Must asset value increase to create a larger dollar payout with that fixed dividend? And I could be absolutely wrong in my simple assumptions.