Powell signals time has come for rate cuts

avatar

The Most Important Thing

risk is largely a matter of opinion

Nikolas Kong's profile picture on Select App
NK

Nikolas Kong

·2 years ago
shared a link post in group #The Most Important Thing
Powell says “the time has come” Fina-fuxking-ly!!! https://youtu.be/U-O9tdsZ.. #The Most Important Thing
 
avatar

Cyril

Stocks spiked after the Fed slashed rates by 50 basis points, the first trim since 2020. But applause died down fast and markets closed lower after Chair J. Powell cautioned against expecting more jumbo cuts.....sigh

 
avatar

Nikolas Kong

Stocks spiked after the Fed slashed rate...
the market is stupid

avatar

Nikolas Kong

How many cuts in 2024? 1, 2 or 3 finance.yahoo.com/news/fe..
Fed 'dot plot' suggests central bank will slash interest rates two more times in 2024 after mega 50 basis point cut

finance.yahoo.com

Fed 'dot plot' suggests central bank will slash interest rates two more times in 2024 after mega 50 basis point cut

Central bank officials predict changes to come with interest rates expected to tick down to 4.4% this year.

Embed post to a webpage :
<div data-postid="dbvnxmd" [...] </div>
Powered bySelect·iOS·Android
Privacy|Terms|