Call your shot. I believe Powell wants to help Harris get elected, so I call 1/2 a point reduction, heck maybe 3/4.
The job market is softening. That's the other half of the Fed's mandate, and the one they're paying closer attention to.Gaw617 said:
Any rate cut means it is purely political. Inflation is still very strong
Don't you know? "iNfLaTIoN iS dOwN, ComRAdE!"Gaw617 said:
Any rate cut means it is purely political. Inflation is still very strong
No. It isn't. Inflation is a 12 month calculation.Gaw617 said:
Any rate cut means it is purely political. Inflation is still very strong
If he goes .5, markets will freak out and fall.infinity ag said:
0.5.
If he goes 0,25 market will be disappointed and stocks will fall.
No Spin Ag said:
Is a cut a good thing or bad thing for the average citizen? If good, how would it affect the average citizen? If bad, the same question.
mixed bag. In general, lower interest rates help borrowers which the vast majority of Americans (and companies) are. Higher rates help savers...which very few Americans are.No Spin Ag said:
Is a cut a good thing or bad thing for the average citizen? If good, how would it affect the average citizen? If bad, the same question.
No Spin Ag said:
Is a cut a good thing or bad thing for the average citizen? If good, how would it affect the average citizen? If bad, the same question.
Jeeper79 said:If he goes .5, markets will freak out and fall.infinity ag said:
0.5.
If he goes 0,25 market will be disappointed and stocks will fall.
Thats still just a guess, though.Gap said:
Futures are pricing in a 60% chance the Fed cuts by 50 basis points. This is up from just 15% odds a week ago.
I think .5 causes a freak out.fc2112 said:
I want a 0.50% cut as there will be a reactionary market bump and I got a few positions to unload.