I Bet Jerome And The Fed Are Afraid Of TSF

[gab13by13]

Last edited Wed Sep 18, 2024, 01:02 PM - Edit history (1)

I bet the Fed only lowers interest rates 25 basis points. Then I want to hear what Jerome has to say about future cuts. I do not want to hear negative fed speak.

I don't know shit about the market, but I know that TSF is pushing for no cuts.

[LogDog75]

1. I think you're right about 25 basis points but....

...the reason is will be to help the economy have a soft landing. This will be a fiscally conservative cut to ensure their action doesn't increase inflation or cause a recession.

[gab13by13]

2. I just listened to Elizabeth Warren make the case for a big rate cut.

She said the Fed waited too long.

[JT45242]

3. The fed members are mostly bankers -- slower cuts mean more profits

The federal reserve system allows the President to choose the chair but most of the voting members are form banking interests. Consequently, they are not making policy -- they are insuring profits.

The reason why the fed seems so Pro-Republican is because banks like that Republicans will deregulate them and tax them less.

It is a system that rewarsd the unfettered greed of banks.

[flamingdem]

4. It will be a lowering of rates .25 or .50

not an increase.

Might want to edit your OP

[gab13by13]

6. Damn, that's the 2nd time I did that, thanks.

[gab13by13]

5. The Fed did 50

[LogDog75]

7. Okay, I was wrong

I'm surprise it was 50 basis points. The DI has risen over 250 point since the announcement and I'm wondering how much it will close at by the end of the day.

[Johnny2X2X]

8. I think they took the criticism to heart that they might have been a meeting late

So 50 points seems appropriate.

They will release minutes at 2:30 that will be telling too.

[PCIntern]

9. They read the OP and didn't want the poster upset.

[gab13by13]

10. Sorry I bad mouthed you Jerome.