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Bullboard - Stock Discussion Forum Financial 15 Split Corp T.FTN

Alternate Symbol(s):  T.FTN.PR.A | FNNCF

Financial 15 Split Corp. is a mutual fund, which invests in a portfolio consisting of over 15 financial services companies. The Company offers two types of shares, such as Preferred Shares and Class A Shares. Its investment objectives with respect to Preferred Shares are to provide holders of Preferred Shares with cumulative preferential monthly cash dividends in an amount of over 6.75... see more

TSX:FTN - Post Discussion

Financial 15 Split Corp > FED will cut 1/2% tomorrow
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Post by flamingogold on Nov 06, 2024 6:40pm

FED will cut 1/2% tomorrow

Trump tariffs will be inflationary and reduce the overall number of rate cuts but short term the cuts are still on. 1/2% tomorrow and another 1/2% in December.
Comment by marcrobert on Nov 07, 2024 9:25am
not a chance
Comment by flamingogold on Nov 07, 2024 8:24pm
Yikes, sorry about that I just re-read what I wrote... should have been 1/4% which it was. No way the FED was going to cut 1/2% unless we were heading into recession which we are no where near.
Comment by mouserman on Nov 07, 2024 9:44am
Not what i have been reading, if anything they are worried about inflation.. so will be very careful on the cuts.
Comment by mouserman on Nov 07, 2024 10:17am
The Federal Reserve likely will stick to the business at hand when it wraps up its meeting Thursday with another interest rate cut, but will have its eye on the future against a backdrop that suddenly has gotten a lot more complicated. Financial markets are pricing in a near-certainty that the central bank’s Federal Open Market Committee will lower its benchmark borrowing cost by a quarter ...more  
Comment by flamingogold on Nov 07, 2024 8:25pm
Typo on my part, sorry.