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hueymahl

(2,625 posts)

4. That is exactly what that means

Reply to mahina (Reply #2)

Mon Aug 5, 2024, 05:26 PM

Aug 5

The adjust the fed funds rate, which, essentially, is the rate banks get charged for borrowing money from the Fed. Cuts to those rates reverberate throughout lending instruments and make the cost of borrowing money cheaper (if they cut) and more expensive (if they increase rates.

There is a lot more to it, especially on longer horizons, but that is the gist of it.

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Highlight:

Biden's Treasury accused of trying to juice U.S. economy pre-election [View all] BumRushDaShow Aug 5 OP

Biden's treasury accused of being geniuses, more like it. unblock Aug 5 #1

I sure wish I understood what this means mahina Aug 5 #2

That is exactly what that means hueymahl Aug 5 #4

Thank you! mahina Aug 5 #5

I hope we are!! Powell is killing us with interest rate MaryMagdaline Aug 5 #3

BINGO!!! markodochartaigh Aug 5 #8

THIS NEW YORK TIMES HEADLINE IS TREASONOUS! maxsolomon Aug 5 #6

Throwing ketchup at the wall to see if it sticks Tweedy Aug 5 #7

Who, exactly, is doing the accusing? niyad Aug 5 #9

Examples from the OP article BumRushDaShow Aug 5 #10

Since the title read "being accused", perhaps including who did the accusing niyad Aug 5 #11

I don't like breaking up articles in LBN BumRushDaShow Aug 5 #12

That sounds like formatting is more important than the information that is niyad Aug 5 #17

The hope is that people would maybe read the actual article BumRushDaShow Aug 6 #20

No, Wall Street, the Treasury Isn't Rigging the Economy for Democrats Farmer-Rick Aug 5 #13

This message was self-deleted by its author Omaha Steve Aug 5 #14

Juice the fuck out of it if it helps us win. OverBurn Aug 5 #15

"at odds with the Fed's goal of slowing the economy"-- WTF? Isn't the goal to slow inflation??? LymphocyteLover Aug 5 #16

Treasury is doing what's best for the American taxpayers IronLionZion Aug 5 #18

Biden accused of improving lives of Americans PedroXimenez Aug 6 #19

Typical Republican response ificandream Aug 6 #21