A 25 bps or less hike and even mention of a pivot this year will be a death sentence for middle class and below from housing POV. Or Powell needs to work with someone from gov to drastically increase housing supply.
I think Powell will do 50bps. He should. Crash the entire investment housing market.
everybodysaysso t1_j6oyxc9 wrote
Reply to Tomorrow FED announcement the increase in interest rates!!! by SandwichOk8222
A 25 bps or less hike and even mention of a pivot this year will be a death sentence for middle class and below from housing POV. Or Powell needs to work with someone from gov to drastically increase housing supply.
I think Powell will do 50bps. He should. Crash the entire investment housing market.