Before you get the meme, get this: the Fed's choice of keeping rates up a little has a great deal to do with maintaining the value of the USDollar in overseas markets--which will have the correct effect on inflation here. In addition, higher rates will reduce spending, which is another blow to domestic inflation.
There are plenty of people--especially but not only real estate developers--who want rates lowered because higher rates cause pain to themselves, especially when all their notes have to be refinanced. Car dealers are in a similar position, as is anyone who is highly leveraged with renewable notes.
So you get to choose: maintain the US Dollar's value which will keep imports like petroleum cheaper? Or make your local RE developer happy?
Or maybe stockbroker:
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