cuts now, tax increases later after it’s all said and done.
This will not have the effect the Fed’s think if it is political.
If not political, then the Fed thinks the economy is in deep doo doo.
Dumb and dumber.
the rising unemployment should be highlighted more often. a 1/2 point cut may well be a stab at stopping an economic downward spiral in the making - the cut =storm warning flag up.
It is probably too late to have any effect before the election.
Inflation will go up...
Simply trying to lower inflation and boost Dems chances in Nov. election.
Brazenly political.
Gasoline back up to 3.48 a gallon regular unleaded in Michigan.
President Trump should continue to pound on cutting gasoline prices, food prices, and cutting our outrageous utility bills in half! What a boost to struggling citizens that would be.
Just like the big Wellcare prescription drug coverage package I got yesterday. A gift from uncle sugar, just in time for the election. Premium went to ZERO, out of pocket cap went from $5800 or so to $2000.
Print that freaking money!!!!
Who is the biggest borrower and how does this help them?
Of course.
And gas prices are plummeting as I have been telling my family they would before the election.
They are counting on people being short sighted enough to not remember what the prices were when Trump left office and who has been responsible for the last four years of economic hardship.
And sadly, the sheeple will
Who’s going to be taking out loans in October because of this relatively insignificant fed change?
Guessing the average credit rating isn’t that good right now so very, very few would actually benefit from it. Existing loans won’t change, and unlikely CCs will budge any time soon.
This is more about MSM/Rat talking points re artificial economic improvements.