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
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.