Quote from: coyhasmon on Today at 04:33:16 PM

Quote from: fillippone on Today at 03:43:51 PM

Quote from: coyhasmon on Today at 03:10:11 PM

None of them are getting a second mandate. Ya'll crazy to believe this is actually about fighting inflation. Do you really think that a 50 points cut too early can destroy the economy? Cheesy

That's some nice brainwashing right there.

Of course it is not about the inflation.
If it were for the inflation, FED should hike rates.
It’s about the liquidity, and the market going up only. This is the reason why the White House is pressuring the FED: it’s all political.
And a bad situation for the USD, either way.

They should not hike the rates, what are you on about? Other countries have slightly lower inflation with much lower rates. Why should the FED act differently and make America at a disadvantage globally?

Quote from: Die_empty on Today at 04:15:21 PM

Quote from: fillippone on Today at 02:49:10 PM

The only reason the FED could cut rates is the political pressure from the White House. Powell's problem is that he has to have the Board of Governors on his side, but sadly, they are concerned about re-election.

Two Fed’s board members, Christopher Waller and Michelle Bowman voted against keeping the interest rate steady in the last meeting. Which shows that they are on Trump's side. With the unexpected resignation of a member Adriana Kugler, Trump will appoint his loyalist thereby controlling almost half of Fed’s board membership. With one more member on his side, he would assume full control of an important board that is established to be independent.

Like I said, people are delusional thinking that Trump will lose after winning everything short of the scam COVID elections with millions of dead voters. He has won every battle in one way or another. This does not mean that he won every court case but overall he's coming out a winner. Just look at what they are now trying to do with the Epstein lies, when Epstein was a big Democratic donor. The FED rates are going down, it is just a matter of when exactly but overall it will be soon.

BINGO!