[Leaning Right]

> The decision to ease came “in light of progress on inflation and the balance of risks.” <

That’s some funny stuff right there. The Fed - as part of the Deep State - certainly wants Harris to win. A cut in interest rates will help her.

A 1/2 point cut might also reignite inflation. But that pain probably won’t be felt until after the election. So let’s not worry about that.

[PGR88]

Saving Fed.gov’s bacon, or rather, kicking the can down the road.

Fed.gov Interest expense is now over $1 trillion per year, larger than defense.

Since Fed.gov is also issuing more short-term debt than ever, this will have a more immediate effect

[1Old Pro]

1/2 point? The economy must be in the tank.

[Mr. Jeeves]

Sorry - I'm going to need zero precent before I consider borrowing with Hurricane Kamala lurking just offshore.

[BipolarBob]

The fed trying to push Kamala over the finish line.

[teeman8r]

after all, it is an election year.

hehehe.

are we too blind to see?

Americans get the leaders they deserve.

[ProudDeplorable]

This is the feds artificial goosing of the economy before an election. Who says the fed isn’t partisan!!

[Albion Wilde]

Old Democrat election year feint.

[central_va]

They call the 2 months before an election the “silly season”.

[Vaduz]

What good is a interest rate cut if banks are uneasy about loans now they are not in the best of shape right now many have failed.

[rktman]

Kamelinin takes credit in 3,...2,....