Quote:
Originally Posted by Reiwa
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Isnt it only for government bonds and stuff? [You must be logged in to view images. Log in or Register.] |
Credit card rates, car loans, mortgage rates, that sort of stuff is what is actually getting affected by the rate hikes. But the Federal Reserve pretty much controls market sentiment even though they don't have a direct effect on it. Anytime they do QE, market goes through the roof. They start doing QT, recession incoming.