No, we had the ZIRP era for too long and there’s still too much stupid money in the economy. Let it burn itself out and let the economy reorient towards more efficiency which is what high interest rates force your economy to be.
Trying to call for rate reductions now would be so poorly planned I hope you never get anywhere near the federal reserves power structures.
They're going to lower rates before the election. Then come Jan/Feb, the market is tanking, home prices will drop further, and the fed will start aggressively lowering rates.
Trying to call for rate reductions now would be so poorly planned I hope you never get anywhere near the federal reserves power structures.