Fed Interest Rates: November 2024
RBanister
1 year ago
50bps was too much too soon. Now have CPI ticking up, stock market at all time highs, China stimmy party starting, US 5yr inflation swaps with their "largest 5-week climb since just before SVB's collapse in March 2023" - Deutsche Bank, wage inflation ~5%, housing prices up ~6% yoy, etc. Assume no cut in either Nov/Dec. Both if they are prudent and data remains murky.
6
Reactions
| User | Date |
|---|---|
| beakmangi | 56 years ago |
| EdgyUsername | 56 years ago |
| n/a | 56 years ago |
| BigLez | 56 years ago |
| GNS | 56 years ago |
| MikeOxlong123 | 56 years ago |