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re: Powell: Fed can maintain higher rates for "as long as needed"

Posted on 4/17/24 at 8:08 am to Powerman
Posted by Dawgfanman
Member since Jun 2015
22704 posts
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Posted on 4/17/24 at 8:08 am to Powerman
quote:
Could be a decade before we ever see sub 4% mortgage rates again for all we know


Will houses be more or less expensive a decade from now?
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Posted by Loubacca
sittin on the dock of the bay
Member since Feb 2005
4030 posts
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Posted on 4/17/24 at 8:47 am to Dawgfanman
The interest rate should not be regulated by the FED but should be based on supply and demand of money available to lend.
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