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Interest Rates Will Continue To Drop

http://www.jimsparrow.com Posted by CalgaryRealtor 1563 days ago

Since August 2007 the Fed cut rates by no less than 225 basis points. This is the most aggressive easing since the early 1980s when the Fed was targeting money supply growth and not inflation. So it’s hardly a surprise that the market is now pricing in another 100 basis points rate cut by the Fed. At the minimum, the market will get 50 basis points. And if we are indeed in a recession, the Fed will cut by additional 50 basis points.

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