Re:US banks have $620B of unrealized losses on their books
by sdwr on Friday March 31, 2023 @02:02PM
(#35390768)
> The world doesn't work that way.
The world does work that way! Most people don't want bad stuff to happen, and will take action, coordinated or otherwise, to prevent bad stuff from happening.
To me, sounds like the Fed is trying to slow this thing down without spooking people. So, promise to cut rates soon, then see what people can actually tolerate, and maybe leave them high enough to chafe a bit.
The world does work that way! Most people don't want bad stuff to happen, and will take action, coordinated or otherwise, to prevent bad stuff from happening.
To me, sounds like the Fed is trying to slow this thing down without spooking people. So, promise to cut rates soon, then see what people can actually tolerate, and maybe leave them high enough to chafe a bit.