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Economy

Fiendish Thingy

(19,540 posts)

4. That's not how the Fed works

Reply to peppertree (Reply #3)

Wed Dec 13, 2023, 04:24 PM

Dec 2023

If you think Powell is in the tank for Trump, you’re misinformed.

If the Fed hadn’t hiked aggressively over the past 18 mos, we’d have double digit inflation, which would help Trump more.

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Highlight:

Finance: Goldman Sachs now sees Fed cutting rates as soon as July '24 as inflation cools [View all] sprinkleeninow Dec 2023 OP

Very much in line with David Rosenberg's take on it a couple months back bucolic_frolic Dec 2023 #1

Don't expect a major cut Fiendish Thingy Dec 2023 #2

Moreover - there's the election to consider peppertree Dec 2023 #3

That's not how the Fed works Fiendish Thingy Dec 2023 #4

I hope you're right. peppertree Dec 2023 #5