r/wallstreetbets 3d ago

Discussion 5 rate cuts 😮

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2.4k Upvotes

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953

u/superhappykid 3d ago

Nice, enjoy that 1.25% Rate cut when you buy your $1600 iphone.

-3

u/Cropitalist 3d ago

I’ll save $40k on a mortgage over a $300 markup on a phone every 4 years.

8

u/alchemist615 3d ago

That may be true ... But you forgot that all other prices will be going up 9-10%. If you think groceries are expensive now, just wait....

-2

u/Cropitalist 3d ago

Tariffs probably won’t last forever, hopefully gone this year. But if we can lock into fixed rate loans 1.25% lower, you’d save a lot in the long run.

2

u/Meat__Head 3d ago

💯