JDCJJ
Senior Member
Posts: 831
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Post by JDCJJ on Sept 18, 2024 8:36:00 GMT -6
Federal Reserve set to cut interest rates TODAY for the first time in more than four years: Questions remain over how big the move will beTheir choice on how they want to kick off a new easing cycle - less than two months before what is expected to be a close US presidential election - likely hinges more on what signal they want to send as they pivot from the highest interest rates in a quarter of a century than about expectations for near-term macroeconomic impact, even as their worries about the job market grow. www.dailymail.co.uk/yourmoney/article-13863507/Federal-Reserve-set-cut-rates-TODAY-time-four-years-Questions-remain-big-be.htmlThey always play the same game before an election. It's so obvious. Like we are going to forget the pain we have all endured the last 3.5 years...and will endure again if Kamala gets elected!
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Post by oedipustex on Sept 18, 2024 9:33:26 GMT -6
Federal Reserve set to cut interest rates TODAY for the first time in more than four years: Questions remain over how big the move will beTheir choice on how they want to kick off a new easing cycle - less than two months before what is expected to be a close US presidential election - likely hinges more on what signal they want to send as they pivot from the highest interest rates in a quarter of a century than about expectations for near-term macroeconomic impact, even as their worries about the job market grow. www.dailymail.co.uk/yourmoney/article-13863507/Federal-Reserve-set-cut-rates-TODAY-time-four-years-Questions-remain-big-be.htmlThey always play the same game before an election. It's so obvious. Like we are going to forget the pain we have all endured the last 3.5 years...and will endure again if Kamala gets elected! As I am fond of saying, never overestimate the attention span of the American public. Foreign oil producers have long played games with production rates to impact foreign elections, particularly ours, and there are idiots now posting picture of gas prices with the caption "Thanks Joe and Kamala!" As I am also fond of saying, we live in times where idiots readily self-identify. |
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Post by moody on Sept 18, 2024 10:35:16 GMT -6
Federal Reserve set to cut interest rates TODAY for the first time in more than four years: Questions remain over how big the move will beTheir choice on how they want to kick off a new easing cycle - less than two months before what is expected to be a close US presidential election - likely hinges more on what signal they want to send as they pivot from the highest interest rates in a quarter of a century than about expectations for near-term macroeconomic impact, even as their worries about the job market grow. www.dailymail.co.uk/yourmoney/article-13863507/Federal-Reserve-set-cut-rates-TODAY-time-four-years-Questions-remain-big-be.htmlThey always play the same game before an election. It's so obvious. Like we are going to forget the pain we have all endured the last 3.5 years...and will endure again if Kamala gets elected! As I am fond of saying, never overestimate the attention span of the American public. Foreign oil producers have long played games with production rates to impact foreign elections, particularly ours, and there are idiots now posting picture of gas prices with the caption "Thanks Joe and Kamala!" As I am also fond of saying, we live in times where idiots readily self-identify. I think it will be a .5 percent reduction, to jumpstart the pre-election economy. They may have waited too long. |
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Post by 3 Sport Town on Sept 18, 2024 10:42:01 GMT -6
Federal Reserve set to cut interest rates TODAY for the first time in more than four years: Questions remain over how big the move will beTheir choice on how they want to kick off a new easing cycle - less than two months before what is expected to be a close US presidential election - likely hinges more on what signal they want to send as they pivot from the highest interest rates in a quarter of a century than about expectations for near-term macroeconomic impact, even as their worries about the job market grow. www.dailymail.co.uk/yourmoney/article-13863507/Federal-Reserve-set-cut-rates-TODAY-time-four-years-Questions-remain-big-be.htmlThey always play the same game before an election. It's so obvious. Like we are going to forget the pain we have all endured the last 3.5 years...and will endure again if Kamala gets elected! You do realize that Jerome Powell chairman of the Federal Reserve was appointed by Trump. |
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JDCJJ
Senior Member
Posts: 831
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Post by JDCJJ on Sept 18, 2024 10:45:08 GMT -6
Federal Reserve set to cut interest rates TODAY for the first time in more than four years: Questions remain over how big the move will beTheir choice on how they want to kick off a new easing cycle - less than two months before what is expected to be a close US presidential election - likely hinges more on what signal they want to send as they pivot from the highest interest rates in a quarter of a century than about expectations for near-term macroeconomic impact, even as their worries about the job market grow. www.dailymail.co.uk/yourmoney/article-13863507/Federal-Reserve-set-cut-rates-TODAY-time-four-years-Questions-remain-big-be.htmlThey always play the same game before an election. It's so obvious. Like we are going to forget the pain we have all endured the last 3.5 years...and will endure again if Kamala gets elected! You do realize that Jerome Powell chairman of the Federal Reserve was appointed by Trump. Trump told Fox News he believes Powell is “political,” adding, “I think he's going to do something to probably help the Democrats, I think, if he lowers interest rates.” ny1.com/nyc/all-boroughs/politics/2024/02/02/donald-trump-jerome-powell-federal-reserve-chair-return |
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65
Senior Member
Posts: 557
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Post by 65 on Sept 18, 2024 10:46:31 GMT -6
As I am fond of saying, never overestimate the attention span of the American public. Foreign oil producers have long played games with production rates to impact foreign elections, particularly ours, and there are idiots now posting picture of gas prices with the caption "Thanks Joe and Kamala!" As I am also fond of saying, we live in times where idiots readily self-identify. I think it will be a .5 percent reduction, to jumpstart the pre-election economy. They may have waited too long. Agree…… the stock market will get a boost…..but it will take at least a quarter before it impacts the larger economy |
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uncleb
Junior Member
Posts: 401
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Post by uncleb on Sept 18, 2024 10:47:26 GMT -6
Powell has been very transparent when cuts were coming...when the goal of raising rates to cool the economy was working (it is, as evident by lowered inflation). There is no conspiracy here.
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Post by 3 Sport Town on Sept 18, 2024 10:56:28 GMT -6
Maybe Trump should shut up and let the Fed dod their job like every other president does, clearly is it time for rate cut. If you turn on business channel that view is universally shared. Look at Trump inconsistency in your article: But the former president routinely criticized Powell over raising interest rates. Trump told Fox News he thinks Powell failed to tamp down inflation. The former president also said there will be a “potential of having massive inflation again” if interest rates are soon cut. |
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JDCJJ
Senior Member
Posts: 831
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Post by JDCJJ on Sept 18, 2024 10:57:24 GMT -6
Maybe Trump should shut up and let the Fed dod their job like every other president does, clearly is it time for rate cut. If you turn on business channel that view is universally shared. Look at Trump inconsistency in your article: But the former president routinely criticized Powell over raising interest rates. Trump told Fox News he thinks Powell failed to tamp down inflation. The former president also said there will be a “potential of having massive inflation again” if interest rates are soon cut. Or maybe we need to Audit the Fed! |
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Post by oedipustex on Sept 18, 2024 11:10:19 GMT -6
Powell has been very transparent when cuts were coming...when the goal of raising rates to cool the economy was working (it is, as evident by lowered inflation). There is no conspiracy here. Interest rates weren't raised to cool the economy, they were raised to cool inflation. The economy had been teetering on the edge of recession. Lose the revisionist history. |
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JDCJJ
Senior Member
Posts: 831
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Post by JDCJJ on Sept 18, 2024 12:13:45 GMT -6
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