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Mebbe a topic for another thread....what do y'all think is the "sweet spot" for the FED prime rate? It absolutely needs to be over a 100 basis points higher than it is now. The FED has it's faults, but it also covered EVERY one of our butt$ ten years ago. Without the FEDs actions (like them or not)....where do you think we'd be now?
I'd like to see the FED prime rate return to around 3.5%...give or take.
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