The fed could lower rates AN ENTIRE POINT in this economy!!!
WTF are they waiting for? It to turn bad again?
Let me try to explain for the umpteenth time:
Lowering short-term rates = cheapening the dollar. It is expansionist/inflationary.
It is a step central banks take in a weakening economy.
“The fed could lower rates AN ENTIRE POINT in this economy!!!”
So you want 15% inflation?
Government needs to spend less money and have lower deficits.
If interest rates were dropped 1%, the interest rate would be less than the inflation rate. Who in their right mind would lend money at less than the inflation rate? Where is the risk premium there? Geeez
Check it more of a TDS issue they answer to many other people too.