Quote:
Originally Posted by bagekko
They are so F'd right now, unsure of true state of the economy, near promised rate cuts but wavering so much right now which is the reason the market has been volatile in March. There might not be a rate cut until June/July, and possibility being floated by the experts of no rate cuts this year.
Kinda believing the theory they won't do jack much before Nov, then no matter who wins, big rate cuts and oh look what I did.
Just renewed CDs other day 5.5% for 5 month, and 5.3% for 12 month. Those rates suggest few if any rate cuts this year.
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What is the true state of the economy?