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If you listen to the analysis

Posted on: September 18, 2024 at 13:25:45 CT
4TigersinMichigan MU
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One reason they went 50 basis points instead of 25 was all the grief they got for being so slow to raise them to combat inflation and the accusations it was politically based.

The Fed should go the way of dinosaurs.

Edited by 4TigersinMichigan at 13:26:06 on 09/18/24
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MESSAGE THREAD

     The rate cut won't drop prices .......nm - tigertix MU - 9/18 14:42:16
     Why do we need a Crisis-Level rate cut if the economy is so - North co-co champs MU - 9/18 13:43:36
          For the exact same reason we needed an - GODZILLA MU - 9/18 13:55:31
     The Fed isn't as independent as they pretend. (nm) - JeffB MU - 9/18 13:21:15
          is that why they raised rates over the past 4 years? - Ace A - 9/18 13:23:45
               They had to to control the inflation that was killing Biden - JeffB MU - 9/18 13:30:29
                    So the rate rise was not political, it was to actually - Ace A - 9/18 14:01:30
                         That is not an either/or proposition. It can be & usually is - JeffB MU - 9/18 14:04:12
                              Is this speculation on your part? The governance structure - Ace A - 9/18 14:09:13
                                   What about the part where the president appoints the - JeffB MU - 9/18 15:27:48
               If you listen to the analysis - 4TigersinMichigan MU - 9/18 13:25:45
                    is that the smoking gun you rely upon? - Ace A - 9/18 13:26:38
                         I am not relying on anything - 4TigersinMichigan MU - 9/18 13:30:41
                              Some hold but not held by you? I'm confused by your - Ace A - 9/18 14:02:12
                                   I never gave my opinion - 4TigersinMichigan MU - 9/18 14:41:37
                                        the Fed is an apolitical organization - Ace A - 9/18 15:05:57




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