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House Racist
pizzashill they/them Subject matter expertise: foid identity extremism  1d ago (cnbc.com) 863 thread views #303681

J powell the god pulls it off

https://www.cnbc.com/2024/09/27/pce-inflation-august-2024.html
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Cautiously optimistic that we could actually manage a soft landing from the Fed. I didn't think that raising rates to a flat point and setting it there was going to do the job, but without any other impetus for change, this could somehow have been the right plan. Honestly, holy shit

Granted the damage over the past 4 years is what it is, can't expect things to get cheaper but if this levels out to 2% then I'm going to be in great shape financially. Can't wait to refinance my Feb 2024 mortgage rate (I put 20% down) in 2025 if the plan continues forward. If I can refi from 6.625% to sub 5% I'll be ecstatic

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