Fed cuts rates

Yep, low inflation means rates need to come down.

This should have happened in February.
 
You don’t kick and scream for interest rate cuts because the economy is booming.

Trump’s policies are not working as intended.
Of course you do, why else would you want borrowing to be cheaper? You want to continue to grow

Yoh raise interest rates when inflation happens and people aren’t wanting to borrow or grow

This is why under xiden inflation and interest rates skyrocketed and a majority of Americans were left worse off

What’s even sadder is we saw how his admin lied repeatedly about how much worse we were…just during Biden last year we now know we added a million fewer jobs then his admin claimed

 
You don’t kick and scream for interest rate cuts because the economy is booming.

Trump’s policies are not working as intended.
They were kept artificially low for too long then we got hammered by FJB's inflation and fed money printing and everything stalled.

A 2% inflation target is pie in the sky at this point. We need the economy moving, not stalled because of some old fart that can't speak plain English.
 
I heard in the past the moon was made of cheese.



You made up the scenario, you answer it.
Sure, we weren’t better off, like you claimed

You clearly are clueless and in over your head on this subject
 
Sure, we weren’t better off, like you claimed

Except I never claimed that. Your ignorance of basic economic principles being exposed causes you to create your strawmen to argue against.


You clearly are clueless and in over your head on this subject

Econ 101. You lower rates to try and boost the economy.
 
Except I never claimed that. Your ignorance of basic economic principles being exposed causes you to create your strawmen to argue against.




Econ 101. You lower rates to try and boost the economy.
Of course you did…
A rate cut is signaling that the economy is not doing so well.

Where did you take Econ at? You cut rates because you can afford to do so, we couldn’t under xiden cause he wreaked the economy
 
Except I never claimed that. Your ignorance of basic economic principles being exposed causes you to create your strawmen to argue against.




Econ 101. You lower rates to try and boost the economy.
LOL.....If people listened to you their net worth would sure take a hit.

A leftist "economist"....What could go wrong? :laughing0301:
 
LOL.....If people listened to you their net worth would sure take a hit.

A leftist "economist"....What could go wrong? :laughing0301:
This clown thinks having high interest rates is a sign of a booming economy! People are gonna get rich paying 15 percent interest on their mortgages!
 
A rate cut is signaling that the economy is not doing so well.
And they're going to double down on stupid.

America is so fucked right now it's not even funny.
 
LOL.....If people listened to you their net worth would sure take a hit.

A leftist "economist"....What could go wrong? :laughing0301:

Yes, people like the temporary boost of cheaper money.
 
Congress see's lower rates as a license to spend.
Biden overspent $2T a year, added to the Debt. Voodoo economics.
We'll see how Trump's budget and deficit look in a few years.
Democrats like voodoo...
 
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Biden overspent $2T a year, added to the Debt. Voodoo economics.
We'll see how Trump's budget and deficit look in a few years.
Democrats like voodoo...


In a few years? Double speak for saying you are going to ignore the added debt he signs off on.
 
15th post
What good did it do? Long term rates are up. It does not help consumers.

Powell knows the economy is going south but most of the fed members united and preferred to spite trump.

This cut does not help the weak job market. We have the employed, but the unemployed are locked out. Bank accounts have dwindled, credit cards are maxed, and the housing market is crashing. People with lower 30yr interest rates aren’t selling and potential buyers are locked out of affordability. Builders are getting hit by that and the high borrowing rates.

I live in one of the fastest growing areas of Florida and i am watching new home sales support staff getting the pink slip. I know many of them. The realtors remain cause they don’t work for a salary. They just sit sround and play on their phones.

Wait till christmas rolls around.. I too might make my own gifts to make a statement.
 
In a few years? Double speak for saying you are going to ignore the added debt he signs off on.
Well, if democrats won't approve Trump's Appropriations Bills, and we need to keep using CRs, the budget is still Biden's.

Trump's first budget could be October, give his policies a few months to take effect.
 
What good did it do? Long term rates are up. It does not help consumers.

Powell knows the economy is going south but most of the fed members united and preferred to spite trump.

If it's going south it's because of Trump.

This cut does not help the weak job market. We have the employed, but the unemployed are locked out. Bank accounts have dwindled, credit cards are maxed, and the housing market is crashing. People with lower 30yr interest rates aren’t selling and potential buyers are locked out of affordability. Builders are getting hit by that and the high borrowing rates.

I live in one of the fastest growing areas of Florida and i am watching new home sales support staff getting the pink slip. I know many of them. The realtors remain cause they don’t work for a salary. They just sit sround and play on their phones.

Wait till christmas rolls around.. I too might make my own gifts to make a statement.

Realtors won't stay with no sales. This cut isn't going to make people rush to buy.
 
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