Good question! We have to wait few more months to see if it was another failing bank, worsening in CRE, or fear of a credit crunch (as in late-2019) that resulted in shift in Fed message
Or possibly political? Another battle front against a Trump re-election? Let's do what we can to give Biden a boost? Pressure from Yellen? Something just doesn't add up here. Not saying...just saying...
Sri, can you speculate on what made the Fed change its tune in just 2 weeks? Do they see something we all don’t see or are they finally giving importance to all that people like you have pointed out (CRE etc) .
Good question! We have to wait few more months to see if it was another failing bank, worsening in CRE, or fear of a credit crunch (as in late-2019) that resulted in shift in Fed message
Or possibly political? Another battle front against a Trump re-election? Let's do what we can to give Biden a boost? Pressure from Yellen? Something just doesn't add up here. Not saying...just saying...
Sri, can you speculate on what made the Fed change its tune in just 2 weeks? Do they see something we all don’t see or are they finally giving importance to all that people like you have pointed out (CRE etc) .