Federal reserve likely to raise interest rates another 3/4 a point this month

[Saltwater60]

This could get interesting. Glad I don’t need any loans any time soon. I feel bad for my kid taking out student loans.

Market bracing for another three-quarter point hike from the Fed this month

The probability of a three-quarter point hike moved to 82% on Wednesday morning, according to the CME Group.

www.cnbc.com

 

[SomeSoldier]

Keep driving those housing prices down...

 

[Saltwater60]

Keep driving those housing prices down...

Can’t happen fast enough with my reassessment looming.

 

[Saltwater60]

Just opened a savings account with AMEX. 1.75% APY. Not alot but increased by .1% in past 30 days. Hope it keeps going up. This dividend rate is 17 times higher than my local credit unions rate.

I’ll have to look into this.

 

[SomeSoldier]

Just opened a savings account with AMEX. 1.75% APY. Not alot but increased by .1% in past 30 days. Hope it keeps going up. This dividend rate is 17 times higher than my local credit unions rate.

I bet they have ESG though and if your credit union was local. I bet they dont.

 

[Cooolone]

Sure, once we are officially in a recession!

Lmao!

Wondering what new invented imaginary term to semantic they'll dream up this month to validate their denial... Especially with Nov fast approaching!

 

[Saltwater60]

Sure, once we are officially in a recession!

Lmao!

Wondering what new invented imaginary term to semantic they'll dream up this month to validate their denial... Especially with Nov fast approaching!

They will start saying a recession is a good thing. They already have said higher unemployment is welcoming.

 

[Jmac00]

it seems the market liked this news yesterday, it was up 450 some odd points. I guess we'll see what happens today 'eh

 

[Saltwater60]

Now saying it will be the .75% and possibly a 1.0% raise after augusts inflation numbers. A huge slowing is coming get ready. If the railroads strike we will see double digit inflation quickly.

 

[ManualF150]

Now saying it will be the .75% and possibly a 1.0% raise after augusts inflation numbers. A huge slowing is coming get ready. If the railroads strike we will see double digit inflation quickly.

I can't wait. sarc