Biden's Economic policies are a plus

[treee]

(08-08-2023, 04:09 PM)basballguy Wrote: It's not a single hike dude.  We've had 10 hikes in 18 months.  Be real.

The Fed will NEVER raise interest rates by say....2 points in one hike...let alone 5, that's not how it works.  

Here's some historical reading material that covers rate hikes (and cuts) through the good times and bad:

https://www.forbes.com/advisor/investing/fed-funds-rate-history/

Right. My main point is if a single 0.25 hike will 'send it over the edge'. They take a while to set it in and very well might cause a recession. But these incremental hikes right now won't be the difference between a soft landing and not.