Fed Cuts Rates: Will RV Rates Follow?
The Fed cut rates 1/2 percent this morning in an effort to keep the stock market bubble growing. I'm negotiating a new RV loan to close in 10 days and the dealer quoted me 5.49% last week. I haven't...
Forum Discussion
Sometimes I do wonder if we even need the Fed at all to control rates. Just let the market determine rates. All I see the purpose is to keep the banking overnight loans fairly steady and avoid a squeeze. Short term rates probably should be marked at half the 10 year rate and let them float. This would also avoid the dreaded "inverted yield curve" from the Fed being too slow to read the market.
