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Halls of Shrewd'm / US Policy❤
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Author: Dope1   😊 😞
Number: of 48489 
Subject: Fed cuts rate by half a point
Date: 09/18/2024 2:15 PM
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…which is a big number. Hope they know what they’re doing.
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Author: AlphaWolf ✸🐝  😊 😞
Number: of 48489 
Subject: Re: Fed cuts rate by half a point
Date: 09/18/2024 2:45 PM
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Should have been 100 basis points. I was afraid they would only do 25.

50 basis points is an OK start, but conservative.
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Author: Lambo ⎊🐝  😊 😞
Number: of 48489 
Subject: Re: Fed cuts rate by half a point
Date: 09/18/2024 3:48 PM
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…which is a big number. Hope they know what they’re doing.

They were expected to cut 1/4 last time, so they're just catching up.
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