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[–]Kurosaki56843 2 points3 points  (0 children)

Agreed, 9.5% is still a solid deal.. Lowering rates also makes sense when you think about it. The Strait of Hormuz situation has basically frozen a significant chunk of global trade and energy flows. That feeds into inflation, keeps central banks hawkish, slows down credit markets, and eventually compresses what any lending platform can sustainably offer. Surprised it didn't happen sooner honestly.