Tony Bark@pawb.social to News@lemmy.world · 2 months agoPowell signals Fed may cut rates soon even as inflation risks remainwww.detroitnews.comexternal-linkmessage-square8linkfedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-linkPowell signals Fed may cut rates soon even as inflation risks remainwww.detroitnews.comTony Bark@pawb.social to News@lemmy.world · 2 months agomessage-square8linkfedilink
minus-squareSupraMario@lemmy.worldlinkfedilinkarrow-up0·2 months agoGuess the turnips pressure got to him. It was the last thing holding the economy in a semi working order. This is going to cause us to go into a deep recession.
minus-squareVupware@lemmy.ziplinkfedilinkarrow-up0·2 months agoHe hasn’t signed off on anything yet. Analysts seem to be in almost uniform agreement that a cut will come next month, though…
minus-squareFredthefishlord@lemmy.blahaj.zonelinkfedilinkarrow-up0·2 months agoI really hope he raises interest rates just to fuck with everyone. But it’s unlikely
Guess the turnips pressure got to him. It was the last thing holding the economy in a semi working order. This is going to cause us to go into a deep recession.
He hasn’t signed off on anything yet. Analysts seem to be in almost uniform agreement that a cut will come next month, though…
I really hope he raises interest rates just to fuck with everyone. But it’s unlikely