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> fearing a downturn that will impact their profit margins The obvious answer is for the Fed to give clear guidance on when rates can go back to dropping. The
by justrealist 3y ago
> fearing a downturn that will impact their profit margins
The obvious answer is for the Fed to give clear guidance on when rates can go back to dropping. There's no mystery why builders are pulling back; people can't get mortgages.
We don't need a new complicated system, there are easy fiscal knobs to turn.
- the_optimist 3y agoThey cannot do this because doing so would eliminate the ambiguous feedback loop on “expectations” that is intended to exist and ultimately under their credibility in the longer run.