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Updated 10 months ago on . Most recent reply
Projections for interest rates?
As everyone likely knows interest rate cuts that were projected to happen so far this year haven't happened. Instead, rates are increasing. If Donald Trump wins the November election, I'm projecting and hoping rates will begin to decrease. Does anyone agree or disagree?
Most Popular Reply
![Manny Vasquez's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2464617/1694580684-avatar-mannyv15.jpg?twic=v1/output=image/cover=128x128&v=2)
Interest rates will not go down unless the FED's #1 target goes down....and that is inflation. We are currently running close to 4% inflation, and the FED's target rate is typically around 2%. So, not until we get closer to that target rate of 2% will the FED begin to cut interest rates.
- Manny Vasquez