Saylors_Tiny_Willie Posted September 18 Posted September 18 https://www.wsj.com/economy/central-banking/fed-cuts-rates-by-half-percentage-point-03566d82?mod=breakingnews
mspart Posted September 18 Posted September 18 34 minutes ago, Saylors_Tiny_Willie said: https://www.wsj.com/economy/central-banking/fed-cuts-rates-by-half-percentage-point-03566d82?mod=breakingnews So this lowers prices incurred due to the inflation we have experienced? The Fed raised the rate by 4.1% from Jan 2020 to just a few minutes ago. It was 1.60 percent in Jan. It was 5.5% yesterday. Today it is 5%. So how is that fixing anything? mspart 1
Saylors_Tiny_Willie Posted September 18 Author Posted September 18 You know it's over. Trump's campaign is circling the bowl. https://www.theatlantic.com/politics/archive/2024/09/trump-vance-x-campaign-losing/679924/ 1
mspart Posted September 18 Posted September 18 So this lowers prices incurred due to the inflation we have experienced? The Fed raised the rate by 4.1% from Jan 2020 to just a few minutes ago. It was 1.60 percent in Jan. It was 5.5% yesterday. Today it is 5%. So how is that fixing anything? Noting Trump is circling the bowl does not answer the question. mspart
Danny Deck Posted September 18 Posted September 18 As a general rule, we do not want the economic conditions that lead to deflation.
Saylors_Tiny_Willie Posted September 18 Author Posted September 18 1 hour ago, headshuck said: The Atlantic. Haha! If only I had Tiktok videos, I could have convinced you...
Offthemat Posted September 18 Posted September 18 How is lowering the interest rate going to affect inflation, price guaging?
Saylors_Tiny_Willie Posted September 19 Author Posted September 19 Trump knows this cooks his goose. Let the whining commence. https://www.ft.com/content/da9347a5-b4db-4987-94c9-2aeb20624726
Caveira Posted September 19 Posted September 19 4 hours ago, Saylors_Tiny_Willie said: If only I had Tiktok videos, I could have convinced you... Many times u only post links to articles bro lol. What’s your real main accounts name. Some inquiring folks want to know. 1 1
Danny Deck Posted September 19 Posted September 19 I'm not sure what the Goldilocks rate is, but ZIRP isn't the ideal policy either. 1
Saylors_Tiny_Willie Posted September 19 Author Posted September 19 TMTG stock just hit 14 today. Matt Gaetz offered to drive it across the state lines.
Saylors_Tiny_Willie Posted September 19 Author Posted September 19 Womp, womp, womp. https://www.axios.com/2024/09/19/harris-trump-economy-trust-survey
wrestlingguy Posted September 19 Posted September 19 7 minutes ago, Saylors_Tiny_Willie said: Womp, womp, womp. https://www.axios.com/2024/09/19/harris-trump-economy-trust-survey People must be convincing themselves it's better than it is currently. Same ole economy just a different puppet.
Saylors_Tiny_Willie Posted September 19 Author Posted September 19 3 hours ago, wrestlingguy said: People must be convincing themselves it's better than it is currently. Same ole economy just a different puppet. Or the economy is better than the doomsayers keep screeching it is.
Scouts Honor Posted September 20 Posted September 20 economies better? or did we just get used to paying over $3 for gas $6 for a dozen eggs $4 for a gallon of milk it's so bad, my wife, city girl, has consented to buy farm eggs
Saylors_Tiny_Willie Posted September 20 Author Posted September 20 32 minutes ago, Scouts Honor said: economies better? or did we just get used to paying over $3 for gas $6 for a dozen eggs $4 for a gallon of milk it's so bad, my wife, city girl, has consented to buy farm eggs Fresh farm eggs are the best. We used to run 50 chickens. I still miss those eggs. She doesn't realize what she's been missing.
Scouts Honor Posted September 20 Posted September 20 i always told her so... but that doesn't change the rest of the post
Saylors_Tiny_Willie Posted September 20 Author Posted September 20 33 minutes ago, Scouts Honor said: i always told her so... but that doesn't change the rest of the post Doesn't change my original point either. Harris is now tied with Trump on how they are viewed on the economy. That issue isn't the winner for Trump any more.
ionel Posted September 20 Posted September 20 1 hour ago, Scouts Honor said: economies better? or did we just get used to paying over $3 for gas $6 for a dozen eggs $4 for a gallon of milk it's so bad, my wife, city girl, has consented to buy farm eggs ahh ... where do them non farm eggs come from? .
flyingcement Posted September 20 Posted September 20 (edited) In my opinion, the 50 was a bit much for a number of reasons: the Fed have the dual mandate of stable prices and full employment. these are both still within target range. although unemployment is trending upward, now with U3 at 4.2 in August, the Fed is trying to get ahead of that. inflation is not at risk of going far below target. in the Fed's view, 50 was needed. i would have started at 25. I also think its odd to be more aggressive so close to an election, given how many people conflate the economy with the part of the current president. I also think the forward guidance was way too dovish. As if to imply the neutral rate will be back closer to where it had been pre-pandemic. I don't buy that, barring some miraculous fiscal balancing act Edited September 20 by flyingcement 2
Saylors_Tiny_Willie Posted September 20 Author Posted September 20 https://apnews.com/article/harris-trump-economy-poll-inflation-dc80ac9e5d7da42900762910d5f0a283
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