'Murica! (109 Viewers)

AFL_ITALIA

AFL_ITALIA

MAGISTERIAL
#32,741
Jun 17, 2011
31,892
#32,741
Senators Elizabeth Warren, Jacky Rosen, and John Hickenlooper are calling for a 75 basis point fed rate reduction after it's been rumored to be 25 points for a while now. I don't like this normalized trend of politicians telling the Federal Reserve what to do, they need to stay in their lane.

Also it's crazy how a 7+% rate used to be considered normal at one time, and now we can barely handle 5% without everyone screaming from all directions. Free money's a powerful drug I guess.
 

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Ronn

Ronn

Senior Member
#32,743
May 3, 2012
20,973
#32,743
Bjerknes said:
This is a good video by a trader I follow. It actually won't matter who is in office. Inflation will be bad regardless, especially as the Fed continues to do the opposite of what they should do.


Imagine lowering rates again like in Covid and also having massive tariffs on everything. It's a joke.
Click to expand...
Recipe for royally fucking the middle and lower classes, and I don’t say it lightly.
 
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