Fed will probably hold steady on cuts but it is obvious what is coming

[John Edgar Slow Horses]

The Feds seem more concerned with services and goods than the consumer, and that is OK in the short run.

Since Powell does not want a return of Trump's nonsense behavior, the Fed will be very aggressive in cuts during the next year to help a Biden re-election effort.

According to Bing AI: "According to a recent article by CNN International, the Federal Reserve has decided to hold its target rate steady at the conclusion of its two-day monetary policy meeting, marking the second meeting in a row that the central bank has opted not to increase its benchmark lending rate 1. The decision was made to allow the economy to continue to absorb the effects of higher borrowing costs. Federal Reserve Chair Jerome Powell said in a post-meeting press conference that the central bank would continue to review economic data and proceed carefully with rate moves amid a strong economy 1.

Investopedia reports that the Federal Reserve held rates steady at 5.25-5.50% during the latest FOMC meeting decision, released on November 1, 2023, continuing a pause from an aggressive rate-hiking campaign that began in March 2022 to fight rising inflation 2."

 

[Harpy Eagle]

Since Powell does not want a return of Trump's nonsense behavior, the Fed will be very aggressive in cuts during the next year to help a Biden re-election effort.

which just highlights the problem with the whole fucking system.

The Fed should be making decesions based upon the ecnomy, not who they wnat to win an electoin.

And the worst part is that people like you are ok with this shit

 

[John Edgar Slow Horses]

which just highlights the problem with the whole fucking system.

The Fed should be making decesions based upon the ecnomy, not who they wnat to win an electoin.

And the worst part is that people like you are ok with this shit

You would do it in a heartbeat if helped your side.

 

[TNHarley]

You would do it in a heartbeat if helped your side.

Nice admission, you idiot

 

[Oddball]

Nice admission, you idiot

His wits are slower than the horses...

 

[Harpy Eagle]

You would do it in a heartbeat if helped your side.

and just what side do you think is mine?

 

[Harpy Eagle]

Nice admission, you idiot

I wonder which side he thinks is mine.

 

[TNHarley]

His wits are slower than the horses...

Well played

 

[TNHarley]

I wonder which side he thinks is mine.

Trump humper!

 

[JohnDB]