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Fed?s may cut saving rates soon
Yeah, more free money to stimulate the economy and Maybe even cut some more taxes for corporations. The government budget deficit is just a number! You gotta love it right?
serf
https://www.cnbc.com/2019/06/03/feds-bullard-says-a-rate-cut-may-be-warranted-soon.html
A downward adjustment of the policy rate may help re-center inflation and inflation expectations at the 2 percent target,? as well as provide ?insurance? against a sharper than expected economic slowdown, Bullard said, comparable to rate cuts the Fed made in the mid-1990s to nudge along that expansion.
Many of Bullard?s colleagues have been reluctant to endorse such a move, arguing that the Fed did not need to move rates from the current range of between 2.25 and 2.5 percent until some economic shock caused them to reconsider.
However, since the Fed last met, President Donald Trump extended 25 percent tariffs to a host of Chinese goods and announced targeted policies aimed at Chinese telecoms giant Huawei. These moves triggered a sharp sell-off in U.S. stock markets.
serf
https://www.cnbc.com/2019/06/03/feds-bullard-says-a-rate-cut-may-be-warranted-soon.html
A downward adjustment of the policy rate may help re-center inflation and inflation expectations at the 2 percent target,? as well as provide ?insurance? against a sharper than expected economic slowdown, Bullard said, comparable to rate cuts the Fed made in the mid-1990s to nudge along that expansion.
Many of Bullard?s colleagues have been reluctant to endorse such a move, arguing that the Fed did not need to move rates from the current range of between 2.25 and 2.5 percent until some economic shock caused them to reconsider.
However, since the Fed last met, President Donald Trump extended 25 percent tariffs to a host of Chinese goods and announced targeted policies aimed at Chinese telecoms giant Huawei. These moves triggered a sharp sell-off in U.S. stock markets.
Comments
serf
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This was not meant to insult any moderators here. It was pointed out to show how foolish our government is to think Money management is not political.That is all.
serf
I moved the thread myself, and I didn't appreciate your smart assed comment. I appreciate this post even less. Care to try for warning number 2?