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re: Powell: Fed can maintain higher rates for "as long as needed"
Posted on 4/17/24 at 4:11 pm to stout
Posted on 4/17/24 at 4:11 pm to stout
As a person who isn’t in The market for a house/car, who carries little credit card debt and has substantial cash in an MM, I love these rates. For the first time in nearly 20 years, it pays to save money outside of equities
This post was edited on 4/17/24 at 4:12 pm
2
Posted on 4/17/24 at 4:27 pm to Dawgfanman
Kills the development / construction industry though. Once everything under construction gets finished being built there is a much smaller pipeline than usual behind it. Hoping construction costs drop and help offset some costs.
Posted on 4/17/24 at 4:50 pm to Dawgfanman
Yeah, I've got money in CDs foe the first time since the 90s.
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