I disagree I think they are not really interested in lowering mortgage rates past what was the low point in the last cycle which is about at this level now.
With that said I think the fed is more interested in shoring up the dollar and preserving profits for banks with higher interest rate spreads to improve their financial condition.
With that said I think the fed is more interested in shoring up the dollar and preserving profits for banks with higher interest rate spreads to improve their financial condition.
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