Higher for longer --- Jerome Powell's speech today

AndySoCal · ‎04-16-2024

This link is regarding Jerome Powell's speech today.

https://www.msn.com/en-us/money/other/powell-interest-rates-may-stay-high-as-inflation-progress-stal...

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CreditCuriosity · ‎04-16-2024

Yep. Be surprised if any cuts this year as echoed on many other threads this year. Might even see another increase?

keekers · ‎04-16-2024

Not surprising.

CorpCrMgr1 · ‎04-16-2024

Thank you for posting. A month or two will prove what must be done.

Anonymalous · ‎04-18-2024

@CreditCuriosity wrote:
Yep. Be surprised if any cuts this year as echoed on many other threads this year. Might even see another increase?

Agreed. The markets have been persistently optimistic about rate cuts, though. They were factoring in about 6 this year, and the recent decline in prices seems to the result of the sinking realization there might only be 1 or 2. Though even that seems on the high side, to me.

Thomas_Thumb · ‎04-18-2024

@CreditCuriosity wrote:
Yep. Be surprised if any cuts this year as echoed on many other threads this year. Might even see another increase?

@CreditCuriosity

Congrats on turning 50 this year.

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