Yep, NOV 23 is priced in for the first cuts at the moment....

Yep, NOV 23 is priced in for the first cuts at the moment. Definitely hoping it doesn't get pushed back any further.

I think it will be very dependent on when they start easing if inflation comes back or if something significant breaks first as unemployment is refusing to meaningfully go higher at the moment and with 30 year mortgages in the states a year or so of higher rates wont have a huge effect..

A few expert interviews i've watched recently are all in agreement that rates can go much higher like 7-8% if the need to to try and stop the inflation but it just can't be sustained for any longer period of time as it will bring countries with US denominated debt to their knees ( which lets be honest that's most if only partially).

Im talking US only here too, we are on a different program here a little.