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Updated 3 months ago on . Most recent reply

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Michael Baum
#2 Short-Term & Vacation Rental Discussions Contributor
  • Olympia, WA
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Fed cuts rates by .5%

Michael Baum
#2 Short-Term & Vacation Rental Discussions Contributor
  • Olympia, WA
Posted

Just announced. More than many thought including me. I figured 1/4 point then another in a couple of months.

Should be interesting to see how things shake out.

Most Popular Reply

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7,914
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Michael Baum
#2 Short-Term & Vacation Rental Discussions Contributor
  • Olympia, WA
6,568
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7,914
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Michael Baum
#2 Short-Term & Vacation Rental Discussions Contributor
  • Olympia, WA
Replied

Well @Andrew Syrios, I am not thinking the economy is weaker that we thought, but I am more of the mindset it is a political move, maybe.

It is hard to tell. I think it is time to start lowering rates but 50 basis points is a lot at once.

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