It’s Fed Day!
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Vercingetorix
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Re: It’s Fed Day!
They should have gone a point or two. Shock us into a recession and correct the markets.
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Docbroke
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Re: It’s Fed Day!
That would have been more than a shock!Vercingetorix wrote: ↑March 30th, 2023, 5:04 pm They should have gone a point or two. Shock us into a recession and correct the markets.
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Vercingetorix
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Re: It’s Fed Day!
They didnt do it and it tells us what they are doing. They are inflating out government debt.
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Docbroke
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Re: It’s Fed Day!
Now cuts are expected later this year.Vercingetorix wrote: ↑March 30th, 2023, 5:07 pm They didnt do it and it tells us what they are doing. They are inflating out government debt.
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Vercingetorix
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Re: It’s Fed Day!
Why? Unless inflation falls, which doesnt make a lot of sense since we are reaching summer so energy price is about to pop. Unemployment has ticked up.
How would an interest rate cut make any sense at all??
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Docbroke
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Re: It’s Fed Day!
Prop up banks, housing and tech.Vercingetorix wrote: ↑March 30th, 2023, 5:13 pm Why? Unless inflation falls, which doesnt make a lot of sense since we are reaching summer so energy price is about to pop. Unemployment has ticked up.
How would an interest rate cut make any sense at all??
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Vercingetorix
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Re: It’s Fed Day!
Wont that be great. Charge Americans a hidden tax to make sure banks profit.
You might hope and pray for it but I dont think they will do that.