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Inflation sucks bruh: JPow's Jihad


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27 minutes ago, Commissar SFLUFAN said:

Yup - we definitely ain't gettin' a rate cut in June.

 

Hell, we might not even get one before the election!

 

We're never getting a rate cut under JPow because he doesn't seem to understand that the biggest inflation driver is housing and that high interest rates create a positive feedback loop on housing prices, since high interest rates suppresses new housing starts. 

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On 4/10/2024 at 10:55 AM, Jason said:

We're never getting a rate cut under JPow because he doesn't seem to understand that the biggest inflation driver is housing and that high interest rates create a positive feedback loop on housing prices, since high interest rates suppresses new housing starts. 

 

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Costlier mortgages are spilling into rent, and the Fed needs to ease up, Jack Manley says
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