Post #1293 by AdrianC on the Macroeconomic Trends and Risks board

Please be mindful of the tone of your posts, and avoid using tone that might be perceived as aggressive, confrontational, or dismissive. Instead, try to use a tone that is respectful, friendly, and supportive.

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“I do not know why the FED needs to lower rates.”

Argument I heard today was to give the housing market a kick. Housing is a huge part of the economy and the market is stagnant due to high mortgage rates. No one with a 3% mortgage wants to move.

Personally, I think they’re a bunch of whiners, my first mortgage was at 12% variable rate.
Now get off my lawn.

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