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Saturday, May 18, 2024 9:21:01 AM
IMO
any move at F and F ---- like second mortgages (or lending on equity - which is same but here F and F are the lender) --- or ...
likely have no impact on the economy between now and NOV
but - one move could both have impact - reduce inflation - and GAIN massive positive PR ---- for Biden now or say DJT if he wins in year one
SUSPEND THE FEE FOR ONE YEAR --- mortgage rates drop the next week by noticeable amount
HUGE PR - and take credit (right or wrong !!!) for STRONG IMPROVED F and F that can afford to do this !!!
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