It seems to me that the Fed will not let rates rise and will do anything to stop it from happening. I can understand lowering the short term rate to 0-0.25% to stimulate the economy but would have hoped it would be short term. When they started buying long term Treasuries with money created out of thin air, I think they went too far. What happened to the free market anyway?
I guess I am not on the same page as most people in wanting rates to rise, but I would love to be able to retire and need higher rates to have an income. Will we ever see long term rates north of 6 or 7 percent again? Something tells me the Fed will not let that happen at all costs even with the threat of inflation. Thoughts?
I guess I am not on the same page as most people in wanting rates to rise, but I would love to be able to retire and need higher rates to have an income. Will we ever see long term rates north of 6 or 7 percent again? Something tells me the Fed will not let that happen at all costs even with the threat of inflation. Thoughts?