Federal Reserve lowered its key interest rate by a quarter percentage point

[The Purge]

Thanks to Trumps leadership.....

For the third time in three months, the Federal Reserve lowered its key interest rate by a quarter percentage point, to a range of 1.5% to 1.75%, in a bid to head off a possible recession.2 hours ago

USA Today › story › 2019/10/30
Interest rates: Fed cuts but hints it may be done trimming near-term - USA Today

 

[OnePercenter]

Thanks to Trumps leadership.....

For the third time in three months, the Federal Reserve lowered its key interest rate by a quarter percentage point, to a range of 1.5% to 1.75%, in a bid to head off a possible recession.2 hours ago
View attachment 287097
USA Today › story › 2019/10/30
Interest rates: Fed cuts but hints it may be done trimming near-term - USA Today

Trucking, the people that bring you all of your stuff is already in a recession. Dropping the interest rate will do nothing for them and nothing for you.

 

[Dekster]

Bad decision, but whatever. Won't make a bit of difference. Liquidity traps are sticky.

 

[depotoo]

Thanks to Trumps leadership.....

For the third time in three months, the Federal Reserve lowered its key interest rate by a quarter percentage point, to a range of 1.5% to 1.75%, in a bid to head off a possible recession.2 hours ago
View attachment 287097
USA Today › story › 2019/10/30
Interest rates: Fed cuts but hints it may be done trimming near-term - USA Today

Trucking, the people that bring you all of your stuff is already in a recession. Dropping the interest rate will do nothing for them and nothing for you.

Uhh, no-

ATA Truck Tonnage Index Rose 0.2% in September
Index 3.5% Higher than September 2018
ATA - ATA Truck Tonnage Index Rose 0.2 Percent in September

 

[The Purge]

Thanks to Trumps leadership.....

For the third time in three months, the Federal Reserve lowered its key interest rate by a quarter percentage point, to a range of 1.5% to 1.75%, in a bid to head off a possible recession.2 hours ago
View attachment 287097
USA Today › story › 2019/10/30
Interest rates: Fed cuts but hints it may be done trimming near-term - USA Today

Trucking, the people that bring you all of your stuff is already in a recession. Dropping the interest rate will do nothing for them and nothing for you.

Uhh, no-

ATA Truck Tonnage Index Rose 0.2% in September
Index 3.5% Higher than September 2018
ATA - ATA Truck Tonnage Index Rose 0.2 Percent in September

So 1% is a lying liberal piece of shit....who would have known!

 

[Dekster]

Thanks to Trumps leadership.....

For the third time in three months, the Federal Reserve lowered its key interest rate by a quarter percentage point, to a range of 1.5% to 1.75%, in a bid to head off a possible recession.2 hours ago
View attachment 287097
USA Today › story › 2019/10/30
Interest rates: Fed cuts but hints it may be done trimming near-term - USA Today

Trucking, the people that bring you all of your stuff is already in a recession. Dropping the interest rate will do nothing for them and nothing for you.

Uhh, no-

ATA Truck Tonnage Index Rose 0.2% in September
Index 3.5% Higher than September 2018
ATA - ATA Truck Tonnage Index Rose 0.2 Percent in September

Oh no

"The not seasonally adjusted index, which represents the change in tonnage actually hauled by the fleets before any seasonal adjustment, equaled 114.8 in August, 7.5% below the August level (124). In calculating the index, 100 represents 2015."

 

[wamose]

I don't agree with the cut. I'm a little more conservative and would like to hold back on that move until it's really needed. I just hope this move is more economic than political.

 

[Dekster]

Hong Kong is now officially in a recession as well. Hong Kong falls into first recession in 10 years as protests, trade war weigh