Post by
nozzpack on Sep 19, 2024 12:06am
Biggest Interest Rate Cut Since 2008
But, the economy is doing fine.
Yeah, right..
Comment by
shiftyone on Sep 19, 2024 12:21am
Nozz, this should not be a surprise to you. The market always knows. That is why the price of gold went up briefly after the announcement. Then ended the day lower. The 50 point rate cut has been priced in for weeks.
Comment by
Dixiedee on Sep 19, 2024 10:23am
Now it is pricing in further cuts going forward USA low rates is like a drug that they need to survive it will not end well to much debt