How much will the Fed raise rates?

[HI54UNI]

How much is the Fed going to raise interest rates this week? Make your prediction below.

[BDKJMU]

.75%

[BDKJMU]

Shouldn’t ideally interest rates be in the same ballpark as the inflation rate?

[kalm]

Shouldn’t ideally interest rates be in the same ballpark as the inflation rate?

That would make sense at least on the surface. But then wouldn’t consumer financing would go in the toilet.

[BDKJMU]

Shouldn’t ideally interest rates be in the same ballpark as the inflation rate?

That would make sense at least on the surface. But then wouldn’t consumer financing would go in the toilet.

Not if inflation was kept low.

[CAA Flagship]

I say .50 today but there will be another bump between now and the next Fed meeting.

[kalm]

That would make sense at least on the surface. But then wouldn’t consumer financing would go in the toilet.

Not if inflation was kept low.

True, but that cat is out of the bag. Also, is the published rate accurate or is it even worse?

[BDKJMU]

I say .50 today but there will be another bump between now and the next Fed meeting.

.50 would say the Fed isn’t serious about lowering inflation.

[BDKJMU]

Shouldn’t ideally interest rates be in the same ballpark as the inflation rate?

That would make sense at least on the surface. But then wouldn’t consumer financing would go in the toilet.

Well, high inflation is as bad if not worse than consumer financing going in the toilet. If inflation isn’t rapidly brought down, then almost everyone, esp the middle class down to the lower income, will continue to be hammered. And what other way can you rapidly bring down inflation other than jack up interest rates and freeze govt printing of $$$..

[kalm]

That would make sense at least on the surface. But then wouldn’t consumer financing would go in the toilet.

Well, high inflation is as bad if not worse than consumer financing going in the toilet. If inflation isn’t rapidly brought down then the middle class down to the lower income will continue to be hammered. And what other way can you rapidly bring down inflation other than jack up interest rates and freeze govt printing of $$$..

I don’t disagree. Industries from autos to mortgage lenders are going to take a serious hit.

[houndawg]

1%

[AZGrizFan]

I say .50 today but there will be another bump between now and the next Fed meeting.

Well they won’t be raising them at ALL today….the announcement is tomorrow.

Wouldn’t be surprised by 75 bps. Fed dicked the dog for a full year when it should have been ticking rates up 25 at every meeting. And now we’re here, where even 125 bps in six weeks isn’t enough to slow the relentless onslaught of inflationary pressure brought on by 5+ trillion in unnecessary spending/stimulus.

Biden’s big wealth redistribution plan kind of backfired…. Yet these poor motherfuckers will continue voting donk. Stupid fucks.

[HI54UNI]

I'm hoping 100 bps but guessing 75.

[CAA Flagship]

I say .50 today but there will be another bump between now and the next Fed meeting.

Well they won’t be raising them at ALL today….the announcement is tomorrow.

Wouldn’t be surprised by 75 bps. Fed dicked the dog for a full year when it should have been ticking rates up 25 at every meeting. And now we’re here, where even 125 bps in six weeks isn’t enough to slow the relentless onslaught of inflationary pressure brought on by 5+ trillion in unnecessary spending/stimulus.

Biden’s big wealth redistribution plan kind of backfired…. Yet these poor motherfuckers will continue voting donk. Stupid fucks.

OK. TODAY.
The meeting started yesterday so I had Tuesday on my mind.

[GannonFan]

At this point all the signals are for a 75 bps jump. That rumor wouldn't be floating out there if the Fed hadn't been planting it. They don't like to surprise markets so they've been leaking this in advance of the actual raise by that level.

[houndawg]

I say .50 today but there will be another bump between now and the next Fed meeting.

Well they won’t be raising them at ALL today….the announcement is tomorrow.

Wouldn’t be surprised by 75 bps. Fed dicked the dog for a full year when it should have been ticking rates up 25 at every meeting. And now we’re here, where even 125 bps in six weeks isn’t enough to slow the relentless onslaught of inflationary pressure brought on by 5+ trillion in unnecessary spending/stimulus.

Biden’s big wealth redistribution plan kind of backfired…. Yet these poor motherfuckers will continue voting donk. Stupid fucks.

Thats what happens when you have parasites like bankers in your life.

Pay cash for everything, even if you gotta pawn the spare tire.

[AZGrizFan]

Well they won’t be raising them at ALL today….the announcement is tomorrow.

Wouldn’t be surprised by 75 bps. Fed dicked the dog for a full year when it should have been ticking rates up 25 at every meeting. And now we’re here, where even 125 bps in six weeks isn’t enough to slow the relentless onslaught of inflationary pressure brought on by 5+ trillion in unnecessary spending/stimulus.

Biden’s big wealth redistribution plan kind of backfired…. Yet these poor motherfuckers will continue voting donk. Stupid fucks.

Thats what happens when you have parasites like bankers in your life.

Pay cash for everything, even if you gotta pawn the spare tire.

Ye;s. Yes….let it out….let it all out…….you’ll feel so much better….blame someone…nay. ANYONE. For your lot in life….it’s not your fault.

[Bobcat]

They need to raise it about 3 points 2 weeks before this falls election

[houndawg]

Thats what happens when you have parasites like bankers in your life.

Pay cash for everything, even if you gotta pawn the spare tire.

Ye;s. Yes….let it out….let it all out…….you’ll feel so much better….blame someone…nay. ANYONE. For your lot in life….it’s not your fault.

I know you're doing the best you can but jeeezus...

Its like this Z: nobody here comes close to having it as knocked as I do - maybe CID when he retires to his boat - but I'm not shitting in a bucket and sharing a boat with three females. Kalm may come close, having a golf course and great trout fishing...and you know what, if you're careful with your finances and make good business decisions, you too might some day have it as well as I do - as long as you're willing to do honest work.

[BDKJMU]

Fed raises another 75 bps. Too little, too late.

Only brings rates up to 2.25-2.5%, with 9.1% inflation.

[AZGrizFan]

Ye;s. Yes….let it out….let it all out…….you’ll feel so much better….blame someone…nay. ANYONE. For your lot in life….it’s not your fault.

I know you're doing the best you can but jeeezus...

Its like this Z: nobody here comes close to having it as knocked as I do - maybe CID when he retires to his boat - but I'm not shitting in a bucket and sharing a boat with three females. Kalm may come close, having a golf course and great trout fishing...and you know what, if you're careful with your finances and make good business decisions, you too might some day have it as well as I do - as long as you're willing to do honest work.

Ok, Scrooge McDuck.

I’m pretty sure I’ll be fine…

[HI54UNI]

Another 75 bps tomorrow?

[GannonFan]

Another 75 bps tomorrow?

Yup. Inflation is still crazy high, and that's even with energy slightly pulling back (and even that is high versus last year). Again, problem with letting inflation get out of the barn, it's really difficult to rein back in. It's going to get worse before it gets better, and we're still a year or two away from getting this back in the barn, hopefully.

[AZGrizFan]

Another 75 bps tomorrow?

Yup. Inflation is still crazy high, and that's even with energy slightly pulling back (and even that is high versus last year). Again, problem with letting inflation get out of the barn, it's really difficult to rein back in. It's going to get worse before it gets better, and we're still a year or two away from getting this back in the barn, hopefully.

This recession that we're not in, and this inflation that is transitory and nonexistent are gonna suck for the next 12-18 months.

[BDKJMU]

Another 75 bps tomorrow?

Yep. But should be at leaat 100 bps though. Every raise they have dine so far has been fae too little. Interest rates should be in tbe same ballpark as inflation, and right now they are still low at 2.25-2.5%, compared to 8.3% inflation.