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ottertail co mn | Only what I think
Try to drop it so consumer loans go down to 5-6%. Mortgage rates between 4-5%.
This will help the economy but will not help with inflation.
What needs to be done
Leave rates for a year, reassess either raise or lower depending on the economy. I would guess probably lower a little bit is what would be needed.
Instead we will lower very soon and not really fix any issues and move along and people will bitch groceries are to high while sitting in a $100k suburban, talking on their $1200 cell phone, filling $4.50 gas, smoking a $15 pack of cigs, and drinking a $5 energy drink, I am 99% positive I missed a few things but oh well, if you can’t see the picture I painted you are probably in the same boat with Stevie wonder | |
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Interest rates
