RE: LeoThread 2025-07-18 22:48
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There is no valid reason for holding back on interest rate cuts when so many are suffering.
"BREAKING: A Federal Reserve official mentioned that a rate cut might occur as soon as the July meeting."
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I disagree. The era of ultra low interest rates was a huge policy mistake that caused massive speculation and moral hazard. It also hurts market participants that used to earn 5% plus yields on risk free investments such as CDs and savings accounts.
I get that low rates caused issues, but with so many struggling to make ends meet, a cut could provide real relief. High yields are nice for savers, but not everyone’s in a position to benefit from them right now.
High rates hurt borrowers. You do not need to be a borrower and borrowing forconsumption is not the way to a stable financial position. If you need to borrower for investments such as rental real estate or starting a business then you just need to make sure the ROI is enough to compensate
Fair point, but for a lot of folks, borrowing isn’t a choice—it’s survival. High rates just pile on more stress when they’re already stretched thin. ROI math doesn’t help if you can’t even get started.