The Fed just dropped their rate by 50Bps

So the recession that so many dim people around here predicted never happened. And the Fed can lower rates without fearing inflation. Heck of a job.

Gotta celebrate the small wins with that track record!

Originally posted by: Sledhead

Gotta celebrate the small wins with that track record!


Name a G-7 nation with a better track record since 2021!!

Originally posted by: Sledhead

Gotta celebrate the small wins with that track record!


Perhaps Sledhead is one of those ignorant folks who doesn't realize that the Fed operates independently of the Presidential administration. Their recent "track record" is to have raised interest rates in an effort to cool down inflation, which effort was successful.


Originally posted by: MisterPicture

Name a G-7 nation with a better track record since 2021!!


All the MAGA boobs whining about INFLAYSHUN and ITZ BIDENZ FAWLT can't answer the question: If inflation is the fault of Biden, how come all the other Western industrialized nations have experienced higher inflation than the US during the last 3 1/2 years??? Biden isn't their president!

Good work, Brandon!   

now if he can only do something about those cat-eating Haitians.

Originally posted by: PJ Stroh

Good work, Brandon!   

now if he can only do something about those cat-eating Haitians.


Git them childless cat ladies all riled up and, woo hoo!

 

I'm imagining a gigantic fight in Springfield between Trump and Vance and their supporters, twenty thousand angry Haitians armed with cat-barbecue implements, and ten thousand childless cat ladies driving EVs equipped with battering rams. Coming soon to Netflix!

Originally posted by: Sledhead

Gotta celebrate the small wins with that track record!


Since he was appointed to the position by former President Trump, I think he's done a good job, during Covid and the post Covid years. What do you think his missteps have been? 

Originally posted by: MaxFlavor

Since he was appointed to the position by former President Trump, I think he's done a good job, during Covid and the post Covid years. What do you think his missteps have been? 


You want to see something interesting, check what happened to interest rates after the Trump tax giveaways were implemented. Ironically, the pandemic cut off the rise. But until then, the government being forced to jump into the interest-bearing securities markets big time drove up interest rates by two points.

And the stock market is soaring.

If this rate of return continues I'l be able to retire at the end of Kamala Harris' first term....fully 10 years before my full retirement date for Social Security.

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