Posted on 07/05/2019 6:38:55 AM PDT by SeekAndFind
“^#!&@#”
-CNN
I really don’t see the reason for lower interest rates.
Frankly, higher rates justified.
Really?
“...quelling fears of an economic slowdown...” NO...
That “analysis” should read:
“DASHING THE HOPES OF DEMOCRATS FOR “...an economic slowdown.”
I’ll bet it’s unexpected again...
All joking aside, I pray to God the good economic news can continue till next year. We need all the help we can get and the left doesn’t need any aid.
Unexpected!!!
June’s much stronger-than-expected report indicates that perhaps the U.S. economy isn’t deteriorating as meaningfully as many had feared.
The bastards just can't help themselves...
RE: Frankly, higher rates justified.
How about just leaving things the way they are?
That Is the
TRUTH!
There’s very little inflation. The Fed’s mandate is to maintain price stability.
The Fed increased rates 8 times I believe since Trump was elected, and 4 times in 2018, most recently last December. I read that it takes 2 years for the effect of a rate increase on the economy to fully play out. Therefore it would be a very bad idea to increase rates.
The bastards just can’t help themselves...
Agreed. The Fed should save its bullets.
Good grief!!
Only a total IDIOT could ask whether or not an economy was “meaningfully deteriorating”!!
Sure, if things are truly ‘left alone’, meaning that the market decides where interest rates find their equilibrium.
Problem is nobody in a position of influence is willing to let the free market determine the cost of money.
Having said that, if the economy is truly this strong, if unemployment is truly this low, rates should not be a all-time lows.
Low inflation (which is a farce but that is a subject for another day) is the result of low velocity of money. Everyone - government, corporations, and individuals are up to their eyeballs in debt. It needs to be paid off to a significant degree.
Surprise, surprise!
Unexpected good news!
The bad news trolls on Free Republic are having another bad day like their liberal buddies.
I quit drinking...
Au contraire, nom frere, inflation is not ‘low’, those numbers are cooked.
The rate increases were in very small increments from a historically low base.
In a supposedly booming economy with historically low unemployment, rates should be significantly higher. And our economy should be able to handle it.
Also, manipulation of rates this low for this long causes severe dislocations in the real economy.
If the players are so ultra confident of where rates ‘should’ be, why are they not advocating the free market be the final arbiter to determine that?
Centralized planning never worked and never will. It only plants the seeds for major problems down the road.
Wall Street was horrified at hearing the good news. I am walking into my boss today and telling her off, hoping to get fired, of course. It’s the least I can do to help Wall Street, and the Democrat Party.
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