Bullboard - Stock Discussion Forum Bombardier Inc. T.BBD.B

Primary Symbol: T.BBD.A Alternate Symbol(s): BDRXF | BDRAF | BDRBF | T.BBD.PR.B | T.BBD.PR.C | T.BBD.PR.D | BOMBF | BDRPF

Bombardier Inc. is a Canada-based manufacturer of business aircraft with a global network of service centers. The Company is focused on designing, manufacturing and servicing business jets. The Company has a worldwide fleet of more than 5,000 aircraft in service with a variety of multinational corporations, charter and fractional ownership providers, governments and private individuals. It... see more

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TSX:BBD.A - Post Discussion

Bombardier Inc. > Fed Cuts Rates by 50bps

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Post by Shamhorish on Sep 18, 2024 2:11pm

Fed Cuts Rates by 50bps

The Federal Reserve lowered its benchmark interest rate by 50bps to 4.75%-5% in light of the progress on inflation and the balance of risks. It is the first rate cut since March 2020

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Comment by Shamhorish on Sep 18, 2024 3:43pm

IT LOOKS LIKE THE MARKET IS CONFUSED,,,, MANY SEE 50 POINT REDUCTION IN INEREST RATE A BIT TOO MUCH AND ALARMING, AND WOULD HAVE PREFERED 0.25 POINTS REDUCT

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Comment by flamingogold on Sep 18, 2024 6:35pm

This is what I saying this morning. In the end, the cut is a good thing for the economy. For anyone that's a trader, it was almost a slam dunk the market would end red. For the long haul, this is all good. The US can afford the .5% cut. But, it was baked in last week and now it's filtering out. The trend is all that matters and nothing has changed there.

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