That is the key thing because of the larger loans - rates don't have to rise as much as in the past to have the desired affect on inflation i.e. less consumer spending.
Market Close: We're probably not going to see a contrarian September rally – but this way, 2025 might see a Santa Rally
SKK Stakk – formerly Douugh – rockets +300% on deal with Robinhood, the US trading app of 'meme stock' fame