24 Jan 2025 8:31 am
You deserve an enthusiastic golf clap! It's not like that idea is anything new. It's been the consensus for some time now.LowIQTrash » 23 Jan 2025, 8:17 pm » wrote: ↑ Hmm…if only someone on this forum knew this was coming a mile away…
https://www.reuters.com/world/trump-rem ... 025-01-23/
Wait till Jerome “no more rate cuts in 2025” Powell capitulates in the next -18% market flash crash
https://rooseveltinstitute.org/blog/why ... explained/
Why Progressives Want Lower Interest Rates, ExplainedAugust 22, 2024 By Ira Regmi Despite large declines in inflation, a much cooler job market, and rising pressure from groups across the political spectrum, the Federal Reserve has maintained interest rates at a range of 5.25–5.5 percent since July 2023. The Fed first began rapidly increasing federal funds rates—the interest rates banks and other financial institutions use when they loan money to one another—in March 2022, starting from a range of 0–0.25 percent and reaching the current range in July 2023. Following financial market volatility earlier in August 2024, calls to reverse these hikes have become louder and broader as investors and businesses aggressively join economists and advocacy groups across the political spectrum in the effort. The consensus is clear: Interest rate cuts are long overdue.
I Prefer the rates stay right where they are!