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Fed?s may cut saving rates soon

serfserf Member Posts: 9,217 ✭✭✭✭
edited June 2019 in Politics
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.

Comments

  • serfserf Member Posts: 9,217 ✭✭✭✭
    edited November -1
    But the FederaL RESERVE is supposed to be independent of political discussions I guess the moderators don't agree. :D

    serf
  • mark christianmark christian Forums Admins, Member, Moderator Posts: 24,456 ******
    edited November -1
    serf wrote:
    But the FederaL RESERVE is supposed to be independent of political discussions I guess the moderators don't agree. :D

    serf

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  • serfserf Member Posts: 9,217 ✭✭✭✭
    edited November -1
    serf wrote:
    But the FederaL RESERVE is supposed to be independent of political discussions I guess the moderators don't agree. :D

    serf

    Review your posting guidelines, paying special attention to the one which is highlighted:

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    A warning will serve as a memory aid.

    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
  • mark christianmark christian Forums Admins, Member, Moderator Posts: 24,456 ******
    edited November -1
    serf wrote:
    serf wrote:
    But the FederaL RESERVE is supposed to be independent of political discussions I guess the moderators don't agree. :D

    serf

    Review your posting guidelines, paying special attention to the one which is highlighted:

    ?Auction tech support or billing questions. If you have a tech support or billing question click Help Center from the top of any auction site page.
    ?Complaints or criticism about GunBroker.com, its staff, its policies, or any buyer or seller on that site. If you have a problem with an auction transaction use the auction feedback system and/or contact tech support.
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    ?Posts that violate any federal, state, or local law, or that infringe on another party's intellectual property (copyright, trademark, etc.) are prohibited.

    A warning will serve as a memory aid.

    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?
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