4 replies to this topic

[Rogerdodger]

3rd cut just announced.

[Rogerdodger]

Fed meeting recap: Powell says central bank to be ‘cautious’ on rate cuts, rocking market

Dow drops 1,000 points as Fed rate outlook disappoints, heads for first 10-day losing streak since '74

indicating that there will be two reductions. That’s down from the four forecast in September.

“We have been moving sideways on 12-month inflation.”

https://www.cnbc.com...t-rate-cut.html

 

“We understand very well that prices went up by a great deal, and people really feel that, and it’s prices of food and transportation and heating your home and things like that. So there’s tremendous pain in that burst of inflation that was very global,” he said. “Now we have inflation itself is way down — but people are still feeling high prices — and that is really what people are feeling.”

Edited by Rogerdodger, 18 December 2024 - 04:17 PM.

[Rogerdodger]

Fed is very disconnected from the rest of the US: Danielle DiMartino

FOX Business News

[linrom1]

Powell better start clearing his office.

[fib_1618]

Powell better start clearing his office.

 

Part of the departing scorched Earth, Economic and Government agenda by the current people in charge for the President elect to deal with,

 

A smooth transition...indeed.

 

Fib