The agenda is as obvious as dog balls; anyone with a lick of sense knew this would happen.
That’s why I held off buying a new car; the interest rates would of course fall just enough to get Brandon, Gretchen, Big Mike, whoever over the line.
Should I get a Honda or a Subaru?
All to try to goose the economy to stop Trump from getting back in. These people are just completely driven insane by Trump.
Terrible move but politically predictable. Hold or raise them would be better.
that should goose up the markets, make the voters feel good about Bidenomics, because we know Biden will take credit for it.
Yep and move them back up independent of who wins in Dec
Hi.
Imho it is not a good idea to cut the Fed Funds rate in a global inflationary scenario.
Who will buy our Treasuries?
5.56mm
Dumb move. If you can’t cut rates when the economy is in trouble then we dont have a FED plan for the future. Might as well eat your seed corn.
Hyper inflation or recession. Pick your poison. Powell is an idiot. Neither will work to help the vegetable in office and his commie handlers. Desperate scumbags.
Biden’s goons and thugs will ‘adjust’ the numbers to make it look okay... then they’ll readjust the lies months later. Damage done.
Democrats don’t care what happens to the country.
not a Gasparino fan. he peddles a lot of gossip, but is no economist.
Powell not going to do enough to matter either way to the economy this year, even if he cuts twice. Will help the stock market. I don’t care about the politics, stopped worrying about these two parties that work together while pretending to fight a long time ago.
I am reading other articles saying he is going to raise rates. LOL.
Who knows what they are going to do, but anticipating this stuff during an election year is making me dizzy.
A rate cut will be very bad, but may be all that is left to do before it all goes down. Between CRE and the government debt...Powell may have no choice.
Wall Street is a bunch of deranged grifters hoping to rumor their wishes into reality.
probably not
And that contains inflation how?
Corrupt Morons are running the country.
If Trump were POTUS, they would raise rates.
The Federal reserve, the media, government itself, doesn’t want the will of the people. They want your money, not your opinion.
Credit card rates start at 19%+ and top out at 30%.
Those are usury rates.