The thing is......
What reason is there for rates to go up right now?
Or for the foreseeable future?
There are still a "possible" 8 more cuts IF needed.....and that's assuming zero is where it stops.
Just because rates are the lowest ever...doesn't mean they "can't" go lower
I am not suggesting I think they will go to zero.
But there is still no obvious reason to lift them anytime soon
What reason is there for rates to go up right now?
Or for the foreseeable future?
There are still a "possible" 8 more cuts IF needed.....and that's assuming zero is where it stops.
Just because rates are the lowest ever...doesn't mean they "can't" go lower
I am not suggesting I think they will go to zero.
But there is still no obvious reason to lift them anytime soon
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