Federal Reserve Chair Jerome Powell sent a straightforward message to markets in a key speech on Friday, saying “the time has come” for the central bank to begin lowering interest rates.
Fed's Powell says 'time has come' to begin cutting interest rates
Submitted 2 months ago by MicroWave@lemmy.world to economics@lemmy.world
peopleproblems@lemmy.world 2 months ago
YAY my next house will have a good interest rate.
Boo this will cause more rapid inflation
Pencilnoob@lemmy.world 2 months ago
Yeah next house will have a better rate and be 50% more expensive
adhocfungus@midwest.social 2 months ago
I’m just hoping I can refinance. Still kicking myself for not redoing my mortgage when rates were under 3% a few years ago.