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Fontanelle, IA | The person i listened to said that only expect 1 rate cut by May or June - after that - none. The FED needs to make only 1 rate cut or 1/4 pt to signify that they have curbed inflation but nothing past that or else inflation runs away again.
The bigger issue looming from what I heard, there are some mid sized banks with some issues that might come to the head around July or august of this year. If the FED is on-the-ball as they seem to be, their last bullet in the chamber is a QE influx of cash to inject liquidity into the system. QE is inflationary..... | |
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The main reason Interest rates will go unchanged through November
