Menu

  • We finally got a Fed rate cut. Here’s what history says will happen next

    From cnn.com

    So we finally got a rate cut — and a supersized one at that. After the move was announced Wednesday, Federal Reserve Chair Jerome Powell said officials made that decision to keep the US economy in its current “good shape.” Will that pan out? Only time will tell, of course, but recent history doesn’t make it look like it’s a sure shot by any means. Here’s a look at what could happen to the economy in terms of the labor market, inflation and the likelihood of a recession now that the Fed has lowered its sky-high benchmark lending rate. Oftentimes, the Fed cuts interest rates because it expects economic ... (full story)

why would anyone believe anything CNN prints the founders of misinformation
"The Rich Never Pay Retail"
The Wall Shit Journal, ABCMSNBCCNNCNBC Word Salad, New Your Slimes, Rotteners, Financial Crimes...
Not good news for US economy. Well, time to buy gold.
The results of decades mismanaged money. The day of consequences is upon us.
Market already preparing for another 50 bps , and a week before FOMC that will be bumped to 75 bps , Rally until eternity
  • New Comment
  •  Guest
  • | IP XX.XX.9.170
Join FF
    •   Newer Stories
    ECB’s Kazaks Says Services Prices Bigger Worry Than Slow Growth

    From bnnbloomberg.ca|Sep 23, 2024

    The European Central Bank Governing Council member Martins Kazaks said the danger of persistent services inflation currently outweighs his concerns over the economy. “In my ...

    Fed's Kashkari says 50 bps rate cut was 'right decision'

    From @Capital_Hungry|Sep 23, 2024

    post: Fed's Kashkari says 50 bps rate cut was 'right decision' post: FED'S KASHKARI: FED POLICY REMAINS TIGHT, THOUGH IT'S UNCERTAIN HOW TIGHT.Kashkari: Why I Supported Cutting Rates Last Week Over the past few years, I have published a series of essays assessing where we are in our inflation fight and highlighting some important questions policymakers are facing. My most recent essay was in May of this year. In this update, I now explain why I supported the Federal Open Market Committee’s (FOMC) recent decision to lower the target range for the federal funds rate by 50 basis points. I argue that because we have made substantial progress bringing inflation back down toward our 2 percent target and the labor market has softened, the balance of risks has shifted away from higher inflation and toward the risk of a further weakening of the labor market, warranting a lower federal funds rate. While there remain mixed signals about the underlying strength of the U.S. economy and I remain uncertain just how tight policy is, I do believe policy remains tight today.

    UK's Chancellor Reeves: there will be no return to austerity in budget

    From @financialjuice|Sep 23, 2024

    post: UK'S CHANCELLOR REEVES: THERE WILL BE NO RETURN TO AUSTERITY IN BUDGET. post: UK'S CHANCELLOR REEVES: THE BUDGET WILL BE IN THE FRAMEWORK OF FISCAL STABILITY. post: UK FINANCE MINISTER REEVES RECEIVES STANDING OVATION AS PROTESTERS REMOVED FROM HER SPEECH **UK FINANCE MINISTER REEVES INTERRUPTED DURING SPEECH **UK FINANCE MINISTER REEVES INTERRUPTED BY PROTESTER DURING SPEECH AT LABOUR PARTY CONFERENCE

  • Story Stats

  • Related Stories