ottertail co mn | reformedbanker - 9/17/2025 15:57
The new appointee, Miran, dissented by calling for 50bp cut and he wants end of year Fed Funds at 2.75-3%. Will Powell's replacement fire up QE next year?
QE and inflation will be interesting. But QE will increase vehicle and housing purchases, which in turn will cause more inflation it’s evil and hard to win.
Refinancing will be a big deal also, the past 2-3 years of 7% payments will be reset and the 30 year mortgage will start over for 30 years but people will instantly have $300-500 a month burning a hole in there pocket, that money will get spent as well as a lot more as confidence increases.
Maybe I should go buy a $40k sxs on fomo…
Maybe they will be $50 k next year |
Fed Rate Cut
