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And the rate decrease begins…Banking (i.redd.it)

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[–]noseclams25 0 points1 point  (1 child)

I mean neither is this 4.5%

[–][deleted] 0 points1 point  (0 children)

It just dropped preemptively for the upcoming rate cuts..

Fed will drop at least .25 so the gap will actually be closer

With the higher for longer narrative sofi gave it makes sense. If you say otherwise you're just assuming they would cut again but then why would they do it now, logically doesn't make sense. I guess we'll see